Banks Egypt’s SODIC expects sales of $563mn in 2016: Beltone aya salah Aug 22, 2016 0 Egyptian real estate developer six of October Development & Investment (SODIC) is expected to achieve targeted…
Industry & Trade Jewelry maker L’azurde sales in Egypt hit $383mln in 2015 Noha Gad Aug 21, 2016 0 The sales volume of largest jewelry designer, manufacturer, and distributor in the Middle East L'azurde in Egypt…
Industry & Trade Egyptian Wholesale Trade Company attains $901mn-sales in FY2015-16 Noha Gad Aug 16, 2016 0 Egyptian Company for Wholesale Trade achieved sales volume of 8 billion Egyptian pounds (US$901 million) during…
Industry & Trade Egypt’s MB for Engineering says H1 profits up 39% Ghada Ismail Aug 13, 2016 0 Egypt’s MB for Engineering and Contracting reported a 29 percent y-o-y rise in first half sales to reach 60 million…
Industry & Trade Weak U.S. retail sales, inflation data dim prospect of Fed rate hike Noha Gad Aug 13, 2016 0 U.S. retail sales were unexpectedly flat in July as Americans cut back on discretionary spending, pointing to a…
Industry & Trade Shake Shack restaurant sales disappoint, stock drops Noha Gad Aug 11, 2016 0 Shake Shack Inc (SHAK.N), known for indulgent antibiotic-free hamburgers, crinkle-cut fries and frozen custard…
Tech news Samsung Elec says to acquire U.S. appliances maker Dacor Ghada Ismail Aug 11, 2016 0 South Korean tech giant Samsung Electronics Co Ltd said on Thursday it will acquire U.S.-based luxury appliances…
Industry & Trade Foodmaker Edita H1 net profit falls to 87.261 mln Egyptian pounds Yomna Yasser Aug 9, 2016 0 Egyptian foodmaker, Edita (EFID.CA) reported a 40 percent y-o-y decline in first half profits. Net profit reached…
Industry & Trade Car sales in Egypt drop 32% in H1 2016 Noha Gad Aug 9, 2016 0 Sales across the automotive market continue to decline, even following a slight recovery from the crisis of low…
Industry & Trade Mexico’s top retailers see strong sales growth on ample liquidity Noha Gad Aug 6, 2016 0 Total sales from Mexico's major retail stores will likely surpass earlier estimates of nearly 7 percent growth this…