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" profit"

921 results

COP27 - Sharm El-Sheikh
11/10/2022 5:14:21 PM
Fossil fuel lobbyists have flooded UN climate talks in Egypt, a report by watchdog groups said Thursday, even as calls grow at the summit for a windfall tax on oil majors' bumper profits.

Sports - World
11/7/2022 11:56:32 AM
Manchester City reported record revenues and profits for the club in its latest financial statement released on Monday, saying ``beautiful football'' was the main reason for its success.

Business - Markets & Companies
11/1/2022 12:35:59 PM
Oil giant Saudi Aramco on Tuesday reported a $42.4 billion profit in the third quarter of this year, buoyed by the higher global energy prices that have filled the kingdom's coffers but helped fuel inflation worldwide.

Business - Energy
10/31/2022 11:01:20 PM
US President Joe Biden plans to seek tax penalties for oil companies unless they invest their record profits in lowering household costs and ramping up production, a White House official said Monday.

Business - Markets
10/28/2022 5:46:57 PM
Wall Street is rallying Friday, led by Apple, Exxon Mobil and other companies that made even bigger profits during the summer than expected.

World - International
9/23/2022 4:05:33 PM
The U.N. food chief warned Thursday that the world is facing ``a perfect storm on top of a perfect storm'' and urged donors, particularly Gulf nations and billionaires, to give a few days of profits to tackle a crisis with the fertilizer supply right now and prevent widespread food shortages next year.

Sports - World
9/20/2022 3:18:24 PM
Barcelona have forecast revenue of 1.255 billion euros ($1.254 billion) for the 2022-23 season, with a predicted profit of 274 million euros.

War in Ukraine - Economy
9/4/2022 2:16:33 PM
The German government on Sunday unveiled a new multi-billion euro plan to help housesholds cope with soaring prices, and said it was eyeing windfall profits from energy companies to help fund the relief.

War in Ukraine - Economy
9/2/2022 3:57:31 PM
G7 industrialised powers on Friday said they would "urgently" move towards the implementation of a price cap on Russian oil imports, in order to stop Moscow from raking in huge profits from soaring energy prices.

Egypt - Courts & Law
9/1/2022 3:24:41 PM
Egypt’s Ministry of Interior announced on Wednesday it arrested four people accused of setting up an unlicensed wireless TV broadcasting station to air pirated and unauthorised content covering the governorates of Cairo, Giza and Qalioubiya with the aim of making financial profits.

Al-Ahram Weekly - Egypt
8/25/2022 12:22:00 PM
A set of new national universities will open at the beginning of the new academic year to meet the needs of Egypt’s growing numbers of students.

Business - Markets & Companies
8/14/2022 4:49:00 PM
Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.

Egypt - Society
8/4/2022 5:42:01 PM
Minister of Higher Education Khaled Abdel-Ghaffar announced on Thursday that 12 newly established non-profit national universities would begin operation during the 2022/2023 academic year, starting in October.

War in Ukraine - Economy
8/4/2022 1:17:14 PM
Mining and commodities trading group Glencore posted on Thursday a ninefold increase in profit in a first half of the year, fuelled by soaring prices of oil, gas and coal.

Egypt - Urban & Transport
6/18/2022 5:10:41 PM
In response to questions directed by MPs, Egypt’s Minister of Public Enterprise Hisham Tawfik insisted that the “liquidation of El-Nasr Coke and Chemicals will go ahead as planned after it incurred losses of EGP 30 million last year and that there is no hope of reforming the company and turning it into a profitable one.”

Business - Economy
6/4/2022 7:42:02 PM
Egypt will offer $40 billion worth of state assets to Egyptian and foreign investors in the form of profit sharing, production and management partnerships, and having a share in the companies’ capital, according to Minister of Public Business Sector Hisham Tawfik.

Business - Markets & Companies
6/1/2022 2:05:00 PM
Egyptian bus-hailing app Swvl announced on Monday plans to reduce its workforce by 32 percent in a number of countries as part of its plan to become profitable by 2023.

War in Ukraine - Economy
5/28/2022 1:17:07 PM
Europe's frantic search for alternatives to Russian energy has dramatically increased the demand, and price, for Norway's oil and gas.

Business - Tech
5/26/2022 3:17:43 PM
Chinese e-commerce giant Alibaba said Thursday its profit fell 59 percent in the last fiscal year, joining other tech firms that reported lacklustre results while grappling with Covid-19 restrictions and a sector crackdown.

World - Africa
5/25/2022 11:23:04 AM
Pfizer says it will provide nearly two dozen products, including its top-selling COVID-19 vaccine and treatment, at not-for-profit prices in Africa and some of the world's poorest countries.

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