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…
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…