Latest in Tag: revenues Highlight
Latest in Tag: revenues

Emaar Misr registers EGP 172.7m in Q1 net profits
Company will discuss amending the chairmanâs position in a 20 April meeting

Hotel room revenues to increase in upcoming period: Colliers International
Quarterly and annual forecast sees rise in room revenues compared to last yearâs corresponding periods

No retreat on cigarettes tax, increases between 50 piastres and EGP 1.5: Cabinet
Prices now at EGP 23 for Dunhill, EGP 23 for Kent, EGP 15 for Rothmans and EGP 13 for Viceroy, says British American Tobacco Egypt official

74.2% Y-o-Y increase in Palm Hillsâ revenues
Net profit reached EGP 353.3bn, according to real estate company

$1.4m increase in Suez Canal revenues in January 2014
Suez Canal revenues for January 2015 have increased to $434.8m, compared to the same period in 2014, which recorded $433.4m
KIMA earns EGP 23.3m revenues during 5 months
Memphis Pharmaceutical witnesses EGP 10m losses during 5 months and KIMA

Income and capital gains tax revenues register EGP 7.8m in July, August
Budget revenues increase by 0.7% to reach EGP 34.4bn

EIPR criticises state budget as âunfair to the poorâ
Personal rights organisation expresses concerns about the status of the poor in light of approved FY 2014/2015 state budget

Tax revenues to increase 1.6% in 2014/2015 fiscal year: Finance minister
Ministry of Finance expects tax revenue increases of EGP 6bn or 1.6% due to amendments to real estate and income tax laws, as well as new taxes on stock dividends and distributions

Public finances remain weak, Sisiâs win does not alter ratings: Fitch
âA very high turnout might have enhanced the legitimacy of the return to military rule in domestic and international eyes,â the credit agency says

FY 2014/2015 state budget announced, analysts weigh in
Public expenditure increases, revenues target decreases and GDP growth rate expected to reach 3.2%
Egyptâs Talaat Moustafa posts 15% increase in Q1 net profit
Reuters – Egyptian property developer Talaat Moustafa posted a first-quarter profit after tax of EGP 160.8m ($23m) on Wednesday, up 15% from a year earlier, it said in an emailed statement. Revenues fell to EGP 1.14bn from EGP 1.52bn, it said.

Annual inflation drops while foreign reserves rise
Revenue consistency prompts rise of foreign reserves for fourth consecutive month and the governmentâs negotiations with merchants lead to prices control, experts say
Taxes from top companies total EGP 7.1bn
Telecom Egypt, Ezz Steel, and Cemex Egypt among top tax paying companies
Tourism revenues slide 66% in first half of FY 2013/2014
Ministry of Finance says the tourism sector brought in $1.9bn in six months.
ADIB Egypt registers first positive net income since 2007
Net income improves by EGP 958m between 2012 and 2013, marking the first year of positive net income since the Emirati consortium acquisition in 2007.
Budget deficit shrinks by 6% in 8M FY 2013/2014
From July to February, the budget gap marked EGP 123.6bn compared to EGP 146.5bn in the same period in FY 2012/2013

Black market revenues of petroleum products total EGP 30bn
Former petroleum minister discusses issue in a meeting with the government

Budget deficit records EGP 89.4bn in first half of 2013/2014
Total value of revenues reaches EGP 175.4bn and total expenditure registers EGP 262bn, finance ministry says

Dana Gas annual revenues climb to AED 2.39bn
Compared to 2012, gross revenues increase by 8%, net profits down by 5%

Suez Canal revenues increase to $483m
The report further showed that total deposits for Egyptâs Central Auditing Organization reached EGP 1.159tn by last April, representing a 14.98% increase compared to the corresponding month in 2012.
Optimism for Eid movie profits
The limited amount of releases and careful targeting of the right demographics lay at the base of the moviesâ financial success

Suez Canal revenues reach $398.5 million
Buying and selling Suez Canal âa jokeâ, says Morsi to Al-Jazeera

Maridive posts $22.8m in losses during first half of 2012
MOIL Egypt facing a tough fiscal position, losses $22.7 millions in the first half of 2012