Industry & Trade Egyptian carpet maker Oriental Weavers H1 profits fall 1.7% Yomna Yasser Aug 3, 2016 0 Egyptian carpet maker Oriental Weavers Company reported a 1.7 percent fall in first half net profits. Profits in…
Industry & Trade GM and Ford U.S. sales miss mark but industry strong overall Noha Gad Aug 3, 2016 0 The biggest U.S. automakers, General Motors Co (GM.N) and Ford Motor Co (F.N), reported July U.S. sales that…
Industry & Trade Volkswagen says end of tax breaks likely to hit China sales by 2017 Noha Gad Aug 3, 2016 0 The head of Volkswagen AG's (VOWG_p.DE) China operations said a planned expiry of tax breaks for small engine cars…
Real Estate Wadi Degla eyes $677mn in Sales for 2016 aya salah Aug 2, 2016 0 Egypt-based real estate developer Wadi Degla Developments expects its sales revenues to record 6 billion…
Industry & Trade South Korea suspends sales of most Volkswagen models Noha Gad Aug 2, 2016 0 South Korea on Tuesday suspended sales of most Volkswagen AG (VOWG_p.DE) models in a fresh blow to the German…
Tech news Sony keeps profit outlook as PlayStation 4 software sales surge Ghada Ismail Jul 30, 2016 0 Japan's Sony Corp said a strong yen and slower smartphone sales would weigh on its cash-generating image sensor…
Real Estate Al Bostany for real estate development reports contractual sales of $78.7 mn aya salah Jul 28, 2016 0 Egypt-based Al Bostany Real Estate Development Company posted contractual sales of 700 million Egyptian pounds…
Industry & Trade Volkswagen brand profit falls on scandal effects, lower sales Noha Gad Jul 28, 2016 0 Volkswagen's (VOWG_p.DE) core autos division posted lower profitability in the second quarter as costs for its…
Tech news Comcast profit drops on film sales, beats Wall Street estimates Ghada Ismail Jul 27, 2016 0 Comcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division sales, but…
Industry & Trade Egyptian home appliance maker Universal eyes $416mn sales by late-2016 Noha Gad Jul 27, 2016 0 Egyptian home appliances maker Universal for Engineering Industries targets obtaining sales of 3.7 billion Egyptian…