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" profit"

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Business - Economy
2/8/2024 9:34:16 PM
Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Israel's war on Gaza that has seen Yemen Houthis launch an offensive on Israel-linked ships in the Red Sea to pressure Israel to halt its war on the Palestinians.

World - War in Ukraine
1/30/2024 3:14:39 PM
European Union nations have decided to approve an outline deal that would keep in reserve the profits from hundreds of billions of dollars in Russian central bank assets that have been frozen in retaliation for Moscow's war in Ukraine, an EU official said.

Business - Economy
1/28/2024 5:15:47 PM
Egypt's recent gold market crisis could be attributed to a significant disparity between supply and demand, fueled by an overwhelming demand for profit, said Ihab Wassef, head of the Gold and Precious Ores Division at the Federation of Egyptian Industries.

Business - Economy
1/7/2024 12:55:21 PM
The Administrative Capital for Urban Development (ACUD), the operator of the New Administrative Capital (NAC), announced the addition of a fourth phase to the ongoing development plan, Chairman Khaled Abbas stated on Thursday.

Business - Economy
12/14/2023 9:03:07 PM
The Egyptian Exchange (EGX) indices suffered fluctuations throughout the week that ended on 14 December, as profit-taking increased on leading stocks.

Business - Economy
12/14/2023 7:49:52 PM
The annual conference organized by the International Air Transport Association (IATA) in Geneva, Switzerland, addressed the "Performance of the Global Aviation Sector in 2023," confirming the sector's resilience.

Business - Economy
12/10/2023 7:58:14 PM
The profits of global aerospace companies are expected to surge by 10 percent to $25.7 billion in 2024 from $23.3 billion in 2023, according to a report by the International Air Transport Association (IATA) published on Sunday.

Business - Markets & Companies
11/27/2023 5:26:10 PM
Egypt's Administrative Capital for Urban Development Company (ACUD) targets a projected profit of EGP 26 billion by the end of 2023, which surpasses the EGP 20 billion in profits achieved in 2022, Chairman Khaled Abbas said on Monday.

Business - Markets & Companies
11/16/2023 8:43:35 PM
The Egyptian Exchange (EGX) indices reached new historic levels during the week that ended on 16 November, as the financial reports season showed leading companies in the market achieving high profits.

Business - Markets & Companies
11/15/2023 1:56:26 PM
Telecom Egypt (TE) recorded a net profit of EGP 9.1 billion during the first nine months of 2023, up 48 percent from the corresponding period last year, the company said in a statement on Tuesday.

War on Gaza - War on Gaza
11/7/2023 11:16:47 AM
Energy giant Saudi Aramco on Tuesday posted a 23-percent year-on-year drop in profits for the third quarter, the result of lower oil prices and production cuts.

Business - Markets & Companies
11/2/2023 9:52:53 PM
After breaking records last week, the Egyptian Exchange (EGX) indices ended the week with mixed performance.

World - Africa
10/5/2023 7:55:04 PM
The United States said Thursday it would resume limited food assistance in Ethiopia, delivering to some one million refugees, but will keep most operations suspended after concerns of systematic diversion of aid.

Al-Ahram Weekly - Egypt
9/30/2023 9:39:00 AM
Experts explain why real-estate developers in Egypt are making higher profits despite selling fewer units.

Business - Markets & Companies
9/14/2023 9:14:56 PM
The Egyptian Exchange (EGX) indices kept most of last week’s gains that ended on 14 September despite profit-taking transactions.

World - War in Ukraine
8/26/2023 10:31:53 AM
The Wagner Group's presence extends from the ancient battlegrounds of Syria to the deserts of sub-Saharan Africa, projecting the Kremlin's global influence with mercenaries accused of using brutal force and profiting on mineral riches they seized.

Business - Economy
8/25/2023 12:42:44 PM
Asian shares mostly fell Friday, discouraged by a Wall Street slump that followed a blowout profit report from Nvidia and mixed reports on the United States economy.

Business - Economy
8/24/2023 10:07:09 PM
Stocks are slipping on Wall Street Thursday, despite a blowout profit report from one of its most influential companies, after a couple mixed reports on the U.S. economy.

Al-Ahram Weekly - Egypt
8/18/2023 4:21:00 PM
Students who have passed grade 12 exams are now applying for universities. Al-Ahram Weekly reports on the available alternatives.

Business - Markets & Companies
8/17/2023 10:44:26 PM
The Egyptian Exchange (EGX) indices closed higher over the week that ended on 17 August despite the pressures of profit-taking that eroded some of their gains.

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