Egypt’s economic growth rate would not fall below for during the financial year 2016/2017 four percent. As …
fourth quarter
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forex news
Dollar firms after upbeat US data raises rate hike expectations
by Yomna Yasserby Yomna YasserThe dollar firmed in Asian trading on Thursday after news of a pickup in U.S. economic growth …
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Tech news
Tesla’s Musk says will not have to raise funds in fourth quarter
by Ghada Ismailby Ghada IsmailTesla Motors Inc Chief Executive Elon Musk on Sunday said the company would not need to raise …
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Industry & Trade
General Company for Silos: Q4-FY2015/16 profit hits $5.1 million
by Ghada Ismailby Ghada IsmailEgypt’s General Company for Silos and Storage (GSSC.CA) reported higher profits for the fourth quarter of financial …
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Industry & Trade
Egypt’s Arab Drugs trounces expectations, profits jump by 1235%
by Ghada Ismailby Ghada IsmailEgypt-based Arab Drug reported net profits before tax for the fourth quarter of financial year 2015/16 jumped …
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Industry & Trade
German industrial output edges up less than forecast in October
by Noha Gadby Noha GadGerman industrial output inched up in October, data from the Economy Ministry showed on Monday, in a …
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Australia’s economy grew 2.5% in the fourth quarter of 2014 from a year earlier, marking its slowest …
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HSBC has reported a pre-tax profit of $7.06bn in the first three months of the year, up …
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International News
Japan Growth revised Down as Business Investment Drops, keeps BOJ Pressured
by Noha Gadby Noha GadJapan’s economy grew much less than initially thought in the fourth quarter as capital expenditure declined in …
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Industry & Trade
Boeing fourth-quarter profit surges; sees cash rise in 2015
by Noha Gadby Noha GadBoeing Co (BA.N) reported a 23 percent increase in core fourth-quarter profit on Wednesday, topping analysts’ estimates …