Industry & Trade H&M beats forecasts with Q3 sales rebound Amwal Al Ghad English Sep 17, 2018 0 Sweden’s H&M on Monday posted stronger-than-expected sales growth in the third quarter as the world’s second…
Real Estate Egypt’s property developer Talaat Moustafa profits rise 118% in Q3 Yomna Yasser Jan 8, 2018 0 Talaat Moustafa Group, one of Egypt's largest real estate developers, reported Monday a 118 percent increase from a…
Industry & Trade Egypt’s Ezz Steel Q3 profits surge by 551% Yomna Yasser Dec 13, 2017 0 Egypt’s largest steel producer Ezz Steel reported Wednesday a 551 percent increase in its profits to reach 318.4…
forex news Gold holds near one-week low as stronger US economy data weighs Yomna Yasser Nov 30, 2017 0 Gold on Thursday held close to a one-week low hit in the previous session, pressured by upbeat U.S. growth data…
Industry & Trade Number of tourists visiting Egypt increases 55% in Q3 of 2017 Yomna Yasser Nov 27, 2017 0 The number of tourists coming to Egypt increased by 55 percent during the third quarter of 2017, compared to the…
Real Estate Egypt’s Orascom Construction Q3 net profit falls to $23.5 million Yomna Yasser Nov 21, 2017 0 Egypt's Orascom Construction Company (OC) reported Tuesday a drop in its third-quarter net profit to $23.5 million…
Industry & Trade Egypt’s Cleopatra Hospital Q3 net profit ups to 28.3mn pounds Yomna Yasser Nov 20, 2017 0 Cleopatra Hospital Group, one of Egypt’s largest private hospitals, reported Monday an increase in its…
Real Estate Egypt’s property developer SODIC Q3 profits jump by 53% Yomna Yasser Nov 15, 2017 0 Egypt’s property developer firm SODIC reported Wednesday a 52.9 percent increase in its third-quarter profits to…
Industry & Trade Raya Contract centre Q3 profits rise to 42.5mn Egyptian pounds Yomna Yasser Nov 12, 2017 0 Egypt’s Raya Contact Centre Company said Sunday its third-quarter profits rose to 42.5 million Egyptian pounds…
Tech news Egypt’s Global Telecom Holding Q3 profits narrow to $7 million Yomna Yasser Nov 9, 2017 0 Egypt’s Global Telecom Holding Company (GTH), previously Orascom Telecom Holding, reported Thursday a drop in its…
Banks Egypt’s SAIB Bank net profit falls to $5.3 million in Q3 Yomna Yasser Nov 8, 2017 0 Third-quarter net profit of Societe Arabe Internationale de Banque (SAIB), the first joint Arab Bank working in…
Industry & Trade Egypt’s Arabian Cement Q3 profits jump to 95.9 million pounds Yomna Yasser Nov 6, 2017 0 Egypt’s third largest cement producer, Arabian Cement (ACC) reported Monday an increase in its third-quarter…
Real Estate Emaar Misr Q3 net profit rises to 479.4 mln Egyptian pounds Yomna Yasser Nov 6, 2017 0 Emaar Misr for Development, the Egyptian unit of UAE property conglomerate Emaar Properties, said Monday its…
Industry & Trade Egypt’s gold miner Centamin posts pretax profit of $75.5 mln in Q3 Yomna Yasser Nov 2, 2017 0 London-listed goldminer Centamin Plc, which runs Egypt's only commercial gold mine, said Thursday third-quarter…
Real Estate Egypt’s Palm Hills Developments Q3 profits fall to 118 mln pounds Yomna Yasser Nov 2, 2017 0 Palm Hills, Egypt's second largest listed real estate developer, said Thursday its third-quarter net profits…
Tech news Samsung Electronics to boost returns after record Q3 profit Yomna Yasser Oct 31, 2017 0 South Korean technology giant Samsung Electronics Co Ltd promised to return $26 billion to shareholders over the…
Banks NBK Egypt reports net profit worth 1.16 billion pounds in Q3 Yomna Yasser Oct 26, 2017 0 National Bank of Kuwait–Egypt (NBK), the Gulf Arab state’s largest commercial lender, reported a net profit of 1.16…
Industry & Trade Egypt’s dairy maker Juhayna reports 12% fall in Q3 net profits Yomna Yasser Oct 22, 2017 0 Egypt's Juhayna Food Industries Company reported Sunday a 12 percent drop in its net profits to reach 65 million…
Arab Q3 profit rise at Riyad Bank could support Saudi bank stocks Yomna Yasser Oct 19, 2017 0 Saudi bank shares could be buoyed on Thursday by better than expected third-quarter earnings from Riyad Bank,…
Banks Qatar Islamic Bank Q3 net profit ups 10.9% Yomna Yasser Oct 19, 2017 0 Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 10.9 percent jump…
International News Trump reelection campaign raised $10 million in Q3, spent $1.1 million on legal fees Yomna Yasser Oct 16, 2017 0 U.S. President Donald Trump’s reelection campaign raised more than $10.1 million in the third quarter of 2017 and…
EGX Egypt bourse gains 61 billion pounds in Q3 Yomna Yasser Oct 1, 2017 0 The Egyptian bourse gained 61.1 billion pounds in the third quarter of 2017 as the market capital jumped 8.9…
World US futures point to cautious open as solid third quarter winds down Yomna Yasser Sep 30, 2017 0 U.S. stock index futures were set to open little changed Friday, the last trading day of a solid third quarter of…
Industry & Trade Egypt’s dairy maker Domty expects 700mn pounds revenues in Q3 Yomna Yasser Sep 18, 2017 0 Egyptian dairy maker Arabian Food Industries Company (Domty) expects to achieve revenues worth 700 million Egyptian…
Tech news LG Electronics says third-quarter profit down 3.7 percent vs. year earlier Ghada Ismail Oct 27, 2016 0 South Korea's LG Electronics Inc said on Thursday its third-quarter operating profit fell 3.7 percent from a year…
Tech news Netflix subscriptions boom around world, shares jump 20 percent Noha Gad Oct 18, 2016 0 Netflix Inc added over 50 percent more subscribers than expected in the third quarter as original shows such as…
Tech news Salesforce third-quarter revenue forecast misses, shares dive Ghada Ismail Sep 1, 2016 0 Cloud software maker Salesforce.com Inc forecast third-quarter revenue below estimates as it saw some softness,…
Tech news Tesla Motors discloses $1.1 billion in third-quarter cash needs Ghada Ismail Aug 6, 2016 0 Tesla Motors Inc on Friday disclosed $1.1 billion in third quarter cash requirements in payments and planned…
Industry & Trade Egyptian cable maker El-Sewedy says 9-month net profit jumps 230.7% aya salah Dec 2, 2015 0 Egyptian cable maker El Sewedy Electric reported a 230.7 percent surge in its nine-month net profit to record 1.1…
Tech news Samsung Elec unveils $9.9 billion buyback as third-quarter profit rebounds Noha Gad Oct 29, 2015 0 Tech giant Samsung Electronics Co Ltd (005930.KS) on Thursday unveiled a 11.3 trillion won ($9.9 billion) share…
International News China third-quarter growth seen dipping to 6.8 percent, weakest since 2009 Noha Gad Oct 14, 2015 0 China's economic growth is expected to fall below 7 percent for the first time since the global financial crisis in…
World Wall Street braces for grim third quarter earnings season Noha Gad Sep 27, 2015 0 Wall Street is bracing for a grim earnings season, with little improvement expected anytime soon. Analysts have…
World Global concerns may shrink Wall Street’s third-quarter estimates Noha Gad Sep 5, 2015 0 Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push…
International News US Growth Revised Down To 2.2% Administrator Mar 1, 2015 0 The slowdown in the US economy at the end of last year was more pronounced than previously thought, official…
Tech news Sony To Delay Official Submission Of Third Quarter Results After Hackinga Amwal Al Ghad English Jan 24, 2015 0 Sony Corp said it was delaying the official submission of its third-quarter results due to the massive cyberattack…
Egypt News Egypt Tourism Revenues More Than Double In Third Quarter Amwal Al Ghad English Dec 8, 2014 0 Egypt's tourism revenues jumped 112 percent to about $2 billion in the third quarter of 2014, a tourism ministry…
MENA News Gulf Air’s 2013 third quarter financial and operational results Amwal Al Ghad English Nov 24, 2013 0 Benefiting from a strong summer, optimised capacity managementand cost efficiencies from the restructuring,Gulf…
Tech news Samsung Elec Shares Rise 2 Percent After Third-Quarter Earnings Boost Outlook Amwal Al Ghad English Oct 28, 2013 0 Shares in Samsung Electronics rose 2 percent on Monday, driven by expectations that the South Korean technology…
Internet News Google’s Third-Quarter Beats As Ad Volume Grows, Stock Flirts With $1,000 Level Amwal Al Ghad English Oct 18, 2013 0 Google Inc's quarterly results beat Wall Street's expectations as the Internet search giant expanded its mobile and…
International News China’s Third-Quarter GDP Growth Fastest This Year, But Outlook Murky Amwal Al Ghad English Oct 18, 2013 0 China's economy grew at its quickest pace this year between July and September, underpinned by investment, although…