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Sports
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World
12/8/2024 4:03:16 PM
Bayern Munich announced on Sunday that their total annual revenue topped 1 billion euros for the first time, with the football club contributing 951.5 million euros (1.006bn dollars).
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Business
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Economy
12/5/2024 6:05:32 PM
Ahram Online spoke to Holger Floerkemeier, director of the Middle East Regional Technical Assistance Centre (METAC), about the role of the International Monetary Fund (IMF)'s METAC in supporting fiscal policies, increasing tax revenues, and improving debt management in the region, including Egypt.
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Business
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Economy
11/28/2024 6:27:29 PM
Egypt’s tax revenue increased by 36.7 percent (EGP 174.2 billion), reaching EGP 648.3 billion from July to October in the fiscal year (FY) 2024/2025, compared to EGP 474 billion during the same period in FY2023/2024, according to a report published by the Ministry of Finance on Wednesday.
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Sports
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World
11/26/2024 5:39:03 PM
Manchester United suffered a £14 million ($17.6 million) drop in total revenue to £143.1 million, taking a hit from their absence from the lucrative Champions League, first-quarter results showed Tuesday.
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Egypt
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Foreign Affairs
11/25/2024 4:42:37 PM
Minister of Foreign Affairs Badr Abdelatty revealed on Monday that Egypt has incurred losses amounting to $8 billion due to a significant drop in the Suez Canal revenues amid the ongoing Middle East conflicts, especially the Israeli aggression against Gaza and Lebanon.
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Business
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Economy
11/14/2024 7:05:59 PM
Telecom Egypt's consolidated revenue has grown 34 percent year-on-year (YoY) from the beginning of 2024 through September, reaching EGP 58.4 billion, according to Mohamed Nasr, managing director and chief executive officer of Telecom Egypt.
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Business
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Economy
11/12/2024 6:21:07 PM
Egypt's tourism revenues are projected to grow by seven to eight percent by the end of 2024, according to Amr El-Kady, CEO of the Egyptian Tourism Authority (ETA).
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Sports
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World
10/22/2024 5:44:33 PM
Boosted by the Messi Effect, Major League Soccer hit record attendance marks and saw expanded sponsorship revenue this season.
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Al-Ahram Weekly
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Economy
9/30/2024 7:52:00 PM
Egypt’s ports are aiming to increase their revenues by focusing on developing infrastructure and services.
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Business
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Economy
9/11/2024 10:29:15 PM
The acquisition of Centamin, the owner of the Pharaoh Gold Mines NL, by AngloGold Ashanti will not affect Egypt's rights or revenues from the Sukari Gold Mine (SGM), the Ministry of Petroleum and Mineral Resources announced in a statement on Wednesday.
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Sports
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World
9/11/2024 5:19:59 PM
Manchester United on Wednesday posted net losses of £113.2 million ($148 million) for 2023/24 despite earning record revenues -- their fifth straight year of losses.
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Business
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Markets & Companies
8/15/2024 3:26:02 PM
Egyptian Fawry for banking technology and electronic payments is finalizing deals with Saudi companies to operate in Saudi Arabia by the end of 2024, according to CEO Ashraf Sabry in an interview with Asharq Business.
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Business
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Tech
8/14/2024 5:49:04 PM
Telecom Egypt’s consolidated revenue has increased by 35 percent year-on-year (YoY) in the first half (H1) of 2024, recording EGP 38 billion, according to the Managing Director and Chief Executive Officer of Telecom Egypt Mohamed Nasr.
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Business
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Economy
8/6/2024 8:37:06 PM
Minister of Finance Ahmed Kouchouk said Tuesday Egypt is targeting $2 to 2.5 billion from the Initial Public Offering (IPO) program for state-owned companies through the FY2024/2025.
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Business
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Economy
8/6/2024 8:34:58 PM
Minister of Finance Ahmed Kouchouk announced in a press conference on Tuesday key indices and the financial performance FY2023/2024, which ended on 30 June, highlighting that the priority for the government in the the upcoming year is improving services provided to citizens.
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Business
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Markets & Companies
7/29/2024 9:12:32 PM
Fast food giant McDonald's vowed Monday to win back consumers with better value offerings after it reported a rare sales decline that the company partly attributed to an exodus of inflation-weary low-income consumers.
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Business
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Economy
7/29/2024 3:30:05 PM
Egypt’s overall debt declined by the end of FY2023/2024, which ended on 30 June 2024, to 89 percent of the GDP, down from 95.7 percent posted at the end of the FY2022/2023, according to July's fiscal monthly report published by the Ministry of Finance.
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Business
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Economy
7/18/2024 5:52:02 PM
The revenues of the Suez Canal Economic Zone (SCZONE) hit its all-time high of EGP 8.25 billion in FY 2023/2024, marking a 36 percent growth by EGP 6.07 billion, compared to FY 2022/2023, SCZONE announced in a statement on Thursday.
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Egypt
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Urban & Transport
7/18/2024 1:45:21 PM
Egypt’s revenues from the Suez Canal declined to $7.2 billion during the fiscal year (FY) 2023/2024 from $9.4 billion in FY2022/2023 due to ongoing Red Sea tensions, Chairman of the Suez Canal Authority (SCA) Osama Rabie stated on Thursday.
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Business
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Economy
7/8/2024 7:43:59 PM
Revenues from Egypt’s Suez Canal shrank by 57.2 percent in the third quarter (January-March) of the FY2023/2024, which ended on 30 June, due to a drop in transit receipts, revealed a statement on the country's current account performance by the Central Bank of Egypt (CBE) on Monday.
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