Featured Thai exports surge, surpassing expectations Aya Anwar May 23, 2024 0 Thailand's export sector rebounded in April, surpassing analysts' expectations with a notable surge in growth,…
Real Estate Madinet Nasr Housing’s Q2 contractual sales hit EGP 1.43 bln Amwal Al Ghad English Aug 15, 2018 0 Egypt’s Madinet Nasr for Housing and Development said on Wednesday it has achieved contractual sales of 1.43…
Real Estate Egypt’s Talaat Moustafa profits rises 5% in Q2 Amwal Al Ghad English Aug 15, 2018 0 Egypt's property developer Talaat Moustafa Group Holding (TMG) on Tuesday reported a 4.6 percent increase in its…
Industry & Trade Oil Minister: Egypt to launch LNG tender early 2018 Yomna Yasser Nov 18, 2017 0 Egypt will hold a new liquefied natural gas (LNG) tender in early 2018 to cover demand for the second quarter of…
Industry & Trade Toshiba Q2 profit jumps on strong memory chip demand Yomna Yasser Nov 9, 2017 0 Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven by a strong…
Industry & Trade Egypt’s Ezz Steel narrows Q2 losses by 97% Yomna Yasser Oct 9, 2017 0 Egypt’s largest steel producer Ezz Steel reported Monday that its second-quarter losses had narrowed 97 percent…
Tech news Uber Technologies ups Q2 bookings by 16% Yomna Yasser Aug 24, 2017 0 Uber Technologies Inc reported Wednesday a 16 percent increase in quarterly bookings and a smaller loss than the…
Industry & Trade Egypt’s Cleopatra Hospital posts 29% up in Q2 revenues Yomna Yasser Aug 23, 2017 0 Cleopatra Hospital Group, one of Egypt’s largest private hospitals, reported Tuesday a 29 percent growth in its…
Tech news State-run Telecom Egypt profits jump by 22% in Q2 Yomna Yasser Aug 16, 2017 0 State-owned Telecom Egypt (TE), which has a monopoly on the country's landlines, reported Tuesday a 22 percent…
Industry & Trade Egypt’s food provider Edita reports 85% fall in Q2 profits Yomna Yasser Jul 27, 2017 0 Egypt’s snack food maker Edita reported Thursday a 85.3 percent drop in profits to reach 7.05 million Egyptian…
Industry & Trade Egypt’s Al Ezz Dekheila reports more losses in Q2 and H1 Ghada Ismail Sep 25, 2016 0 Egypt's Al Ezz Dekheila Steel – Alexandria (IRAX.CA), a unit of Ezz Steel, announced on Tuesday it recorded deeper…
Industry & Trade Egypt garment maker Arafa Holding Q2 profits fall 21.8% Noha Gad Sep 19, 2016 0 Egyptian garment maker and exporter Al Arafa for Investments and Consultancies (AIVC.CA)reported a 21.8 percent…
Tech news Oppo Sales in China Reaches 18 Million Devices in Q2-2016 Noha Gad Sep 18, 2016 0 OPPO International, the leading company in the field of electronic devices and smartphones achieved a record sales…
Tech news Sawiris’ OTMT turns into losses in Q2 Ghada Ismail Aug 25, 2016 0 Orascom Telecom Media and Technology Holding (OTMT.CA), which is owned by Egyptian tycoon Naguib Sawiris, turned…
Industry & Trade Egypt’s Al Ezz Dekheila reports more losses in Q2 and H1 Ghada Ismail Aug 17, 2016 0 Egypt's Al Ezz Dekheila Steel – Alexandria (IRAX.CA), a unit of Ezz Steel, announced on Tuesday it recorded deeper…
Life Style Egypt’s Unemployment Rate lessen Slightly, Women’s Unemployment Shows Marginal Increase Ghada Ismail Aug 17, 2016 0 Egypt’s unemployment rate eased slightly in the second quarter of 2016 to 12.5 percent from 12.7 percent in the…
Industry & Trade Egypt’s El Barbary Investment Group profits up 32% in Q2 2016 Ghada Ismail Aug 16, 2016 0 Egypt-based El Barbary Investment Group SAE -BIG (BIGP.CA) reported an increase in the second quarter’s profits and…
Tech news Egypt’s Raya Q2 net profit jumps 190% Ghada Ismail Aug 15, 2016 0 Egyptian information technology firm Raya Holding (RAYA.CA) reported a 190 percent increase in second quarter net…
Industry & Trade Ceramics maker Lecico Egypt turns into $4.6 mln losses in Q2 Ghada Ismail Aug 14, 2016 0 Egyptian ceramics maker Lecico Egypt (LCSW.CA) reported Sunday that it turned into loss in the second quarter of…
Industry & Trade Egyptian dairy company Domty says Q2 net profit 47% down Ghada Ismail Aug 14, 2016 0 Egyptian dairy company Arabian Food Industries Co - Domty (DOMT.CA) reported 47 percent y-o-y decline in second…
Tech news Telecom Egypt Q2 net profit jumps 139% Ghada Ismail Aug 11, 2016 0 Telecom Egypt (TE) reported Thursday a 192.6 percent y-o-y jump in second quarter net profit 1.1…
Tech news Apple seems not appealing to India, world’s third largest smartphone market Ghada Ismail Aug 6, 2016 0 According to data from Strategy Analytics, Apple shipped just 800,000 smartphones in India in the second quarter of…
Tech news Nielsen: Egypt Consumer Confidence jumped three points in second quarter Ghada Ismail Aug 4, 2016 0 Egypt’s second-quarter score jumped three points from the previous quarter to 81, according to consumer confidence…
Tech news Nokia plans more cost-cutting after profit falls 45% Ghada Ismail Aug 4, 2016 0 Nokia Corp. reported a 45% fall in second-quarter profit that fell short of market expectations and vowed to step…
Tech news Apple grows share of total tablet market despite weak sales Ghada Ismail Aug 1, 2016 0 Worldwide shipments of tablets fell 12% in the second quarter, according to a new report from IDC. Roughly 65% of…
Industry & Trade AstraZeneca earnings hit by waning cholesterol drug sales Noha Gad Jul 28, 2016 0 Generic competition to cholesterol buster Crestor in the U.S. market pushed second-quarter earnings down by nearly…
Tech news Orange Egypt narrows losses by 53.8% in Q2 Ghada Ismail Jul 24, 2016 0 Mobile operator, Orange Egypt said its second quarter unaudited consolidated financial results reflected a decline…
Tech news Intel must show cloud growth to feed restructuring Ghada Ismail Jul 20, 2016 0 Intel Corp. will need to show growth in its non-PC businesses when the company reports fiscal second-quarter…
Tech news Ericsson Q2 op profit falls short of expectations Ghada Ismail Jul 19, 2016 0 Mobile telecom equipment maker Ericsson posted second-quarter operating profit and sales below market expectations…
Tech news Venture capital investments rebound for tech startups Ghada Ismail Jul 17, 2016 0 Venture capital investments in startups rebounded in the second quarter, as a general stock market recovery helped…
Tech news Smartphone sales lift Samsung Electronics to best profit in over two years Ghada Ismail Jul 9, 2016 0 Tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit likely rose 17.4 percent…
Tech news LG Electronics says Q2 operating profit likely at two-year high Ghada Ismail Jul 9, 2016 0 South Korea's LG Electronics Inc said on Friday its second-quarter operating profit likely reached a two-year high,…
Tech news Egypt’s Global Telecom reports $28 mln Q2 net profit aya salah Aug 6, 2015 0 Aug 6 Egypt's Global Telecom Holding , formerly Orascom Telecom, reported a second-quarter net profit of $28…
Banks CIB Q2 Net Profit up 23% year-on-year Noha Gad Jul 30, 2015 0 Egypt's largest private sector bank, Commercial International Bank (CIB) (COMI), posted a 23 percent rise in second…
Banks UAE’s Union National Bank Q2 Net Profit rises 10 pct Noha Gad Jul 22, 2015 0 Union National Bank 50 percent owned by the Abu Dhabi government, on Wednesday posted a 10 percent rise in second…
Industry & Trade Foreign Investment In Egypt Will Reach About $2 Bln In Second Quarter-Minister Amwal Al Ghad English Jan 12, 2015 0 Foreign investment in Egypt will reach about $2 billion in the second quarter of the fiscal year, up from $1.8…
Egypt News Weak Tourism, Remittances Hurt Egypt’s Current Account In Second Quarter Amwal Al Ghad English Sep 25, 2013 0 Egypt's non-oil imports fell sharply in the second quarter, but tourism receipts and worker remittances together…
International News France Jumps out of Recession Yomna Yasser Aug 14, 2013 0 The French economy jumped out of recession in the second quarter, aided by stronger domestic demand and a…
International News Germany’s GDP Grows by 0.7% in Second Quarter Yomna Yasser Aug 14, 2013 0 Germany's economy moved up a gear in the second quarter following a weak start to the year, official data confirmed…
Tech news Acer Surprises with Net loss on More Spending Yomna Yasser Aug 7, 2013 0 TAIPEI--Taiwan personal computer maker Acer Inc. posted a surprise on-year net loss for the second-quarter because…