Tag: Profit

Lufthansa profit flies high on lower costs

The German flagship carrier has beaten analysts' expectations for 2016 results, reporting…

Deutsche Welle Deutsche Welle

Real estate companies do not make huge profits: Mohamed El Husseiny

10% annual profits from investment cost, large number of ads contributed to…

Daily News Egypt Daily News Egypt

Banks operating in Egypt record EGP 56bn net profits in 2016: CBE

The Egyptian banking sector is powerful and capable of overcoming the effects…

Hossam Mounir Hossam Mounir

BP returns to profitability in 2016

British energy giant BP has announced it's entered positive territory again, logging…

Deutsche Welle Deutsche Welle

CIB profits jump by 27% in 2016 despite losses

CIB board of directors agree to obtain a supporting loan worth $300m

Daily News Egypt Daily News Egypt

Naeem targets 30% growth in managed assets portfolios: Saleh

Head of Naeem’s financial portfolios reveals expected scenarios in a year of…

Daily News Egypt Daily News Egypt

New committee to set profit margins for essential goods: Cabinet

FECOC to hold a meeting to discuss the mechanism of collaboration with…

Mohamed Samir Mohamed Samir

5 banks in Egypt account for 71.47% of banking sector’s total profits as of June: CBE

The sheer capital of banks amounts to EGP 100.72bn, with the top…

Hossam Mounir Hossam Mounir

Egypt would profit with social progress

Annual report of Social Progress Index for 2016 released in an attempt…

Nicholas Mehling Nicholas Mehling

SODIC records net profit of EGP 97m in Q2 2016

New phases in both SODIC East and West projects to be launched…

Daily News Egypt Daily News Egypt