Egyptian real estate developer six of October Development & Investment (SODIC) posts H1 net profit of 157.9 …
profit
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Banks
UAE’s Dana Gas profit flat, bond gain help offset oil price decline
by Yomna Yasserby Yomna YasserUAE-based energy firm Dana Gas said on Thursday it posted flat second-quarter profit as low oil and …
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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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Emaar Misr, unit of Dubai property developer Emaar, said first half net profit climbed 32.4 percent y-o-y …
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Financial Institutions
Munich Re profit falls 9% on natural disasters
by Yomna Yasserby Yomna YasserMunich Re AG (MUV2.XE) announced Tuesday that profit dropped 9% in the second quarter on higher costs …
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Industry & Trade
Berkshire profit up 25 percent as insurance helps, BNSF weighs
by Noha Gadby Noha GadBerkshire Hathaway Inc on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance …
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Nokia Corp. reported a 45% fall in second-quarter profit that fell short of market expectations and vowed …
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Nokia’s quarterly profit fell more sharply than expected as telecom operators spent less on faster networks and …
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Industry & Trade
Toyota cuts full-year operating profit forecast on stronger yen
by Noha Gadby Noha GadToyota Motor Corp (7203.T) cut its full-year forecast for operating profit, expecting it to fall 44 percent …
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HSBC Holdings PLC announced Wednesday that it will spend up to $2.5 billion in the second half …