World European stocks close lower; US GDP rises 2.9% Yomna Yasser Oct 29, 2016 0 European markets closed slightly lower Friday as the earnings season continues amid heightened expectations that…
Tech news Network maker Nokia outperforms Ericsson in third quarter Ghada Ismail Oct 27, 2016 0 Nokia on Thursday reported falling quarterly sales and profits for its network gear business, but…
Tech news Apple’s holiday surprise: big sales, not so big profits Ghada Ismail Oct 26, 2016 0 Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast…
Industry & Trade Swedish Tetra Pak eyes higher sales in Egypt Noha Gad Oct 24, 2016 0 Swedish food packaging firm Tetra Pak plans to raise its sales volume in the Egyptian market within the…
Tech news Microsoft shares higher again as cloud focus pays off Ghada Ismail Oct 22, 2016 0 Microsoft Corp said sales of its flagship cloud product doubled through its first quarter, propelling earnings…
Industry & Trade Nestle slashes sales outlook as 9-month organic growth disappoints Yomna Yasser Oct 20, 2016 0 Nestle has become the latest company to be hit by the global slowdown affecting food manufacturers after posting…
Industry & Trade Hennes & Mauritz September sales up 1% nada nasser Oct 17, 2016 0 Swedish clothing retailer Hennes & Mauritz said on Monday that sales in September went higher by 1%…
Industry & Trade Auto sales in Egypt to drop by 30% in 2016: official Noha Gad Oct 4, 2016 0 The volume of automotive sales in Egypt is expected to decline by 30-35 percent in 2016 to around 200,000 autos…
Industry & Trade GB Auto acquires 96% of Chinese-made car sales in Egypt Noha Gad Oct 4, 2016 0 Ghabbour Auto was able to acquire 96% of the Chinese car market in Egypt. Its two main brands, Chery and Geely,…
Real Estate Abraj Misr eyes contract sales of $180mn in Egypt by end-2016 Noha Gad Oct 3, 2016 0 Egypt-based real estate developer, Abraj Misr eyes achieving contract sales estimated at 1.6 billion Egyptian…