profits
Telecom Egypt sees 2013 revenues increase 11%
Business
March 12, 2014
Telecom Egypt sees 2013 revenues increase 11%
Telecom Egypt released FY2013 financial statements according to EAS. Revenue for 4Q2013 was recorded at LE2.8 billion, up 12 percent…
Talaat Moustafa holding’s profits grow 7% in 2013
Business
March 5, 2014
Talaat Moustafa holding’s profits grow 7% in 2013
Talaat Moustafa holding Group announced that net profit in 2013 rose 7 percent to LE585 million in 2013. The company had…
Spinning and weaving workers resume strike demanding minimum wage be applied
Egypt
February 11, 2014
Spinning and weaving workers resume strike demanding minimum wage be applied
Thousands of Mahalla Spinning and Weaving Company resumed on Tuesday their strike and sit-in staged at the company demanding the…
Political turmoil drops Egypt’s Sewedy Q1 net profit to 43.8%
Business
May 30, 2012
Political turmoil drops Egypt’s Sewedy Q1 net profit to 43.8%
Egypt's El Sewedy Electric, the Arab world's biggest listed cable maker, on Wednesday reported a 44-percent drop in its 2012…
Orascom Telecom Q1 net profit seen at US$45 mn
Business
May 13, 2012
Orascom Telecom Q1 net profit seen at US$45 mn
Orascom Telecom (OT) is expected to post a first-quarter net profit of US$45 million on Monday, following a net loss…
Telecom Egypt says 2011 net profit declined 6.8%
Business
February 23, 2012
Telecom Egypt says 2011 net profit declined 6.8%
Landline monopoly Telecom Egypt said on Thursday its 2011 net profit fell 6.8 percent year on year to LE2.93 billion.…
Solidarity Ministry to set 30% profit ceiling on commodity sales
Business
November 8, 2011
Solidarity Ministry to set 30% profit ceiling on commodity sales
Solidarity and Social Justice Minister Gouda Abdel Khaleq said he will begin discussions with the Federation of Egyptian Chambers of…
Telecom Egypt Q1 net profit dips 10% but shares go up
Business
June 1, 2011
Telecom Egypt Q1 net profit dips 10% but shares go up
Landline monopoly Telecom Egypt posted a 10 percent drop in first-quarter net income on Wednesday after anti-government protests hit the…
Orascom Telecom sees 400-percent surge in N. Korea mobile business
Business
November 8, 2010
Orascom Telecom sees 400-percent surge in N. Korea mobile business
Mobile phone service subscriptions in Orascom Telecom's North Korean joint venture climbed over 400 per cent in the 12-month period…