European equities are set to open lower on Wednesday as geopolitical concerns curbed investor sentiment. The FTSE …
net profit
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Al Baraka Bank Egypt, part of the Bahraini Al Baraka Group, said on Tuesday its first half …
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European markets closed higher on Friday as investors monitored earnings reports and reacted to a new U.S. …
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Tech news
Etisalat Misr H1 pretax profits hit 1.96 billion Egyptian pounds
by Yomna Yasserby Yomna YasserEtisalat Misr, the Egyptian arm of UAE teleco firm Etisalat, said Thursday its first half profits before …
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Credit Suisse reported on Friday a strong surge in net income for its second quarter, adding that …
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Banks
Egypt central bank’s exit from United Bank delayed on hopes for bigger return
by Yomna Yasserby Yomna YasserEgyptian central bank’s plans to exit from the United Bank, in which it holds a 99 percent …
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Egypt’s largest listed bank, Commercial International Bank (CIB) reported Thursday a 29.2 percent rise in net profit …
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Banks
National Bank of Egypt FY17 net profit hit 12 bln pounds: source
by Yomna Yasserby Yomna YasserEgypt’s biggest public lender, National Bank of Egypt has made a net profit exceeded 12 billion Egyptian …
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Industry & Trade
ASCOM net profit jumps to 232.4 mln Egyptian pounds in Q1
by Yomna Yasserby Yomna YasserEgypt-based Asec Company for Mining (ASCOM) reported Monday an increase in its net profit to reach 232.4 …
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Industry & Trade
Egytrans reports continued triple digit growth in Q1
by Yomna Yasserby Yomna YasserEgytrans, a leading provider of logistics and transportation solutions in Egypt, announced Wednesday its consolidated results for …