Egypt News Suez Canal revenue drops to $408.4 million in November aya salah Dec 17, 2015 0 Egypt's Suez Canal revenue fell in November to $408.4 million from $449.2 million in October, data on the Suez…
Industry & Trade Egyptian cable maker El-Sewedy says 9-month net profit jumps 230.7% aya salah Dec 2, 2015 0 Egyptian cable maker El Sewedy Electric reported a 230.7 percent surge in its nine-month net profit to record 1.1…
Industry & Trade Nassef Sawiris’ OCI turns to profitability in H1-2015 Yomna Yasser Nov 29, 2015 0 Orascom Construction Industries (OCI), owned by Egyptian tycoon Nassef Sawiris, posted a first half net profit…
Egypt News Suez Canal revenues drop for the third month in a row Noha Gad Nov 19, 2015 0 Egypt's Suez Canal revenues dropped -for the third month in a row- 6.9 percent in October 2015 to US$448.8…
Real Estate Egyptian developer SODIC 9-month net profit surges to $27.9mn Yomna Yasser Nov 15, 2015 0 Egypt's third-largest listed property developer SODIC (OCDI.CA) reported Sunday a 9-month net profit of 224 million…
Banks Commercial International Bank Q3 net profit up 37% Yomna Yasser Nov 11, 2015 0 Egypt's largest private sector bank, Commercial International Bank (CIB) posted third quarter net profit of 1.33…
Tech news Egypt seizes 4% of France’s Orange total revenues Noha Gad Nov 9, 2015 0 The Egyptian market is participating in the total revenues of France's Orange by four percent, Michel Monzani-…
Tech news Etisalat Egypt’s revenues rose to $309.7mn in Q3 Yomna Yasser Oct 28, 2015 0 Etisalat Egypt, the Egyptian arm of UAE’s telecom group Etisalat, recorded third quarter revenues worth around…
Egypt News Suez Canal’s revenues drop to $449mn in September Yomna Yasser Oct 26, 2015 0 Egypt's revenues from the Suez Canal dropped to US$448.8 million in September from $462.1 million in August, the…
Real Estate Amer Group eyes $647mn revenues from Porto Group’s units aya salah Oct 21, 2015 0 Egypt-based property developer, Amer Group is targeting revenues of 5.2 billion Egyptian pounds (US$647…