Tech news Telecom Egypt Q1 Net Profit down 36% Yomna Yasser May 13, 2014 0 Telecom Egypt (ETEL.CA) on Tuesday reported a 36-percent fall in first-quarter net profit after taxes of 549…
Egypt News Egypt Gears up Biggest Budget ever for FY2014/15 Yomna Yasser Apr 1, 2014 0 Egypt is preparing the biggest ever budget in the nation’s history for the FY2014/15, according to official source…
Tech news Egypt’s Global Telecom Posts Net Loss Of $749 Million In Q4 2013 Yomna Yasser Mar 6, 2014 0 Egypt-based international telecoms firm Global Telecom Holding (GTH) (GTHE.CA), formerly Orascom Telecom Holding,…
Real Estate Egypt’s Talaat Moustafa Posts 7.2 Pct Increase in 2013 Net Profit Yomna Yasser Mar 5, 2014 0 Egyptian property developer Talaat Moustafa (TMGH.CA)'s net profit for 2013 rose 7.2 percent year-on-year to 585.19…
Industry & Trade Heikal: Mitigated Risk Spurs Citadel’s 2013 Standalone Net Profit of EGP10.5mn Yomna Yasser Mar 2, 2014 0 Egypt’s Citadel Capital swings to net profit in FY13 against a net loss of EGP 66.4 million the previous year;…
Industry & Trade OCI: Net Loss Hits EGP628.5 Million in 9 Months Yomna Yasser Feb 11, 2014 0 The board of Orascom Construction Industries (OCI) ratified Monday the financial results for the first nine months…
Tech news TE Sees Revenues worth 210 mln Pounds on IRU Deal with OTMT Amwal Al Ghad English Feb 2, 2014 0 Egyptian landline phone monopoly Telecom Egypt (ETEL.CA) said on Sunday it expects returns worth more than 210…
Industry & Trade Suez Canal Annual Revenues Rise 8.5% in November Yomna Yasser Dec 29, 2013 0 Egypt’s revenues from the Suez Canal totaled $442.4 million in November an 8.5 percent increase from November 2012…
Egypt News Egypt’s Govt Expects Around $3 Bln In Revenues After Settling Tax Disputes Amwal Al Ghad English Dec 22, 2013 0 Egypt’s tax authority expects to take around LE20-LE25 billion ($2.8-$3.6 billion) in revenues upon the…
Egypt News Egypt’s Budget Deficit Hits $10.8 bln in Jul-Oct 2013; Report Yomna Yasser Dec 10, 2013 0 Egypt’s budget deficit registered EGP 74.5 billion ($10.8 billion) in the first four months of the current fiscal…