Russian gas giant Gazprom announced Tuesday its second-quarter net income dropped by more than 80 percent year-on-year …
net income
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Real Estate
Orascom Construction posts 21.7% increase in Q1 net income
by Yomna Yasserby Yomna YasserEgypt-based Orascom Construction (OC) has reported a 21.7 percent increase y-o-y in its net income during the …
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Industry & Trade
BP annual earnings fall to 10-year low, warns OPEC cut could affect 2017 production
by Yomna Yasserby Yomna YasserBP disappointed analysts Tuesday morning, reporting lower-than-expected net income in the fourth quarter and annual earnings that …
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Credit Agricole has restructured its complex business throughout the third quarter, enabling it to set a minimum …
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Emirates NBD reported Saturday a 41 percent rise in net profit in Egypt during the first half …
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Financial Institutions
Zurich Insurance H1 profits fall but CEO is pleased
by Yomna Yasserby Yomna YasserZurich Insurance posted net income of $1.6 billion for the first half, down by 22 percent on-year, …
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Egyptian Gulf Bank (EGBank) has more than double profits in the first half of the year to …
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Banks
Deutsche Bank says Q2 net income plunges nearly 100% year-on-year
by Yomna Yasserby Yomna YasserDeutsche Bank, the German bank which is an important part of the global financial system, announced revenue …
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Industry & Trade
Egypt’s dairy maker Juhayna raises full year dividend
by Yomna Yasserby Yomna YasserEgypt’s Juhayna Food Industries, one of the country’s largest dairy product and juice makers, is to distribute …
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Industry & Trade
INTERVIEW: Orascom Construction sees power, transport as growth areas
by Yomna Yasserby Yomna YasserOrascom Construction Ltd (OC), spun off from OCI NV in March, is banking on Egypt’s need to …