profits
Egypt plans world’s largest spinning and weaving factory at LE900 mln
Economy
March 16, 2021
Egypt plans world’s largest spinning and weaving factory at LE900 mln
Egypt is preparing to announce the establishment of the largest spinning and weaving factory in the world in Mahalla al-Kubra,…
Egyptian real estate firms’ profit hit by coronavirus crisis
Economy
September 15, 2020
Egyptian real estate firms’ profit hit by coronavirus crisis
Egypt’s five biggest listed real estate firms reported a combined profit fall of nearly 31 percent in the second quarter…
Ads fuel Facebook profit growth
Technology
July 28, 2017
Ads fuel Facebook profit growth
Facebook’s profits increased by 71 percent for the second quarter of 2017 compared to the same period last year, it…
Emirates airline says profits down 70 percent in past year
Business
May 11, 2017
Emirates airline says profits down 70 percent in past year
Emirates Group, which operates the Middle East’s largest airline, says profits have fallen by 70 percent to $670 million, though…
Pharmacists call for urgent meeting over ‘profit margin’ crisis
Egypt
January 28, 2017
Pharmacists call for urgent meeting over ‘profit margin’ crisis
Pharmacists Syndicate on Saturday called for an urgent meeting on Monday after the presidency's two weeks grace to solve their…
Chinese automaker BYD forecasts up to 84 percent profit rise for 2016
Business
October 30, 2016
Chinese automaker BYD forecasts up to 84 percent profit rise for 2016
Chinese automaker BYD Co Ltd (1211.HK) (002594.SZ), backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N), on Sunday said 2016 full-year…
Egypt’s Palm Hills posts 2015 Q4 profit of $26 million
Business
February 7, 2016
Egypt’s Palm Hills posts 2015 Q4 profit of $26 million
Palm Hills, Egypt's second-largest listed property developer, reported on Sunday a 128 percent rise in fourth-quarter net profits to LE203.5…
Egypt’s Juhayna boosts Q4 net profit by 85 percent
Egypt
January 25, 2016
Egypt’s Juhayna boosts Q4 net profit by 85 percent
Egypt's Juhayna Food Industries one of the country's largest dairy product and juice makers, said it posted net profit of…
UAE’s Etisalat Q4 profit surges but misses forecasts
Business
February 26, 2015
UAE’s Etisalat Q4 profit surges but misses forecasts
Abu Dhabi-listed Etisalat posted a 47 percent jump in fourth-quarter profit on Thursday as its purchase of a majority stake…
EFG Hermes reports LE381 m net profit in first-half of 2014
Business
August 14, 2014
EFG Hermes reports LE381 m net profit in first-half of 2014
Egyptian investment bank EFG-Hermes reported on Thursday a 109.7 percent increase in the first-half of 2014 standalone net profit to…