Latest in Tag: Sales Highlight
Latest in Tag: Sales
Slowdown expected in luxury real estate sales due to high competition
Expectations contradict the 25% increase in prices since last year, affected by high demand
23.4% reduction in sales of PCs in Q2 of 2015
The reduction in the value of the Egyptian pound against the dollar and the regulations of the Central Bank of Egypt to control the dollars deposits has affected the flow of shipments.
Chinese glut slows global smartphone sales
The world’s biggest market for the devices has ‘reached saturation,’ a new report shows, as the number of first-time buyers shrinks. Despite a spike in emerging markets, the Chinese slowdown dragged down global sales. Worldwide sales of smartphones grew at the slowest pace in two years as demand in China declined for the first time …
Egypt eighth amongst 10 highest smartphone sales in developing markets
By Mohamed Alaa El-Din A recent report issued by GFK Institution ranked Egypt as having one of the highest smartphone sales in developing markets in 2015. According to the report, Egypt occupied eighth place in the list of countries that included India, Pakistan, Nigeria, Brazil, China and Indonesia. The report said Egypt’s sales of smartphones …
European passenger car sales amount to EGP 3.66bn during H1 of 2015
Skoda Octavia heads the list of most sold European cars in Egypt at EGP 693m
Chinese car sales amount to EGP 814m during H1 of 2015
Geely Emgrand 7 topped the list of most sold Chinese cars in Egypt after sales reached EGP 254m
Spain’s defence minister signs pending military MOU with Egyptian counterpart
Spain continues to export arms sales to Egypt after partial embargo imposed by EU in 2013
Palm Hills expects EGP 1.3bn in Q1 sales
Rise in sales of company’s projects in western and eastern Cairo as well as North Coast main derivatives to this anticipation, company says
Car sales grow 17% year-on-year in January
8.2% reduction in locally manufactured cars, compared to 48% increase in imported cars
293,000 cars sold in Egyptian auto market during 2014
We expect to sell 352,000 cars in 2015 with a growth rate of 20%, says Mustafa Hussein
SODIC estimate clients’ contract to be EGP 4.1bn
Company to invest EGP 2.3bn and deliver 684 units in all projects
30% growth in Huawei’s consumer business revenue in 2014
Sales of the latter were more than 2m pieces in the three months since it was launched in September.
Lenovo plans 20% acquisition of smart phone sales by end of March 2016: CEO
Unstable dollar exchange rate represents one of the biggest challenges to investment in Egypt
Euromoney Conference: Wadi targets EGP 2bn in sales: Company chairman
Wadi Company for Agricultural Development aims to increase its sales to EGP 2bn during 2014 through various expansions
Government officials’ reports on telecommunication sales tax conflict
No additional taxes to be announced within the coming period, Finance Ministry official
Samsung executive says Galaxy S5 to outsell S4, sees second quarter rollout for Tizen phone
A smooth launch is crucial for Samsung, which reported its second straight quarter of profit decline earlier this month as margins in the key smartphone business come under growing pressure from cheaper Chinese rivals.
Samsung sells more than 10 mn Galaxy S4 smartphones
The world’s top handset maker hopes the S4 will expand its presence in high-end markets in the United States and elsewhere, crowding out archrival Apple and its iconic iPhone
Chamber of Commerce: Automotive sales last month are zero
According to the Automotive Marketing Information Council (AMIC), Egypt automotive sales have edged up from 158.400 in 2011 to 178.500 in 2012, to achieve an increase of 13 per cent.
Lower income, higher prices
Tax reforms signal the instigation of skyrocketing inflation
iPhone 5 sales top five million in first weekend
iPhone 5 breaking sales records
Qualcomm 2012 Innovation Conference features the “future of mobile technology”
The brightest minds in the ‘mobile ecosystem’ recently gathered in Berlin to promote innovation in the mobile phone industry. The annual Qualcomm 2012 Conference on Innovation (IQ2012) in the mobile industry concluded recently. Qualcomm sought to highlight hands-on access to the latest in mobile technology, products and services as well as insight to “the future …
Potential new tax on mobile phone calls
Mobile tax, a new burden on the average citizen!?
iPhone 5 not just a phone; it’s a stimulus too
Apple is expected to sell as many as 10 million of the devices in just the first days of the launch
US arms sales triple in 2011
Selling weapons worth $66.3 billion overseas, the US arms sales triple
Ghabbour Auto sees moderate rise in profits in first half of 2012
Ghabbour (GB) Auto’s profits in the first half of 2012 grew by 31.6 percent compared to the same period in 2011, reaching EGP 76.5 million. Revenues rose 23.3 percent to EGP 3.8902 billion. The company’s revenues in the second quarter reached EGP 2.1778 billion, a growth of 17.2 percent from the same quarter in 2011. …
Sales in automobile spare parts market take a dip
By Inaam El-Adawi Dealers in spare automobile parts have been assured that that their trade will not diminish as car companies launch their 2013 models, even if the market is stagnating. Desouky Sayed Desouky, Spare Parts Division Director at Cairo Chamber of Commerce (CCC), said that new parts will only begin to impact the market …
Steel price to be fixed in August to EGP 4,450 per tonne
Since the beginning of this month, international prices for steel have not changed. Prices stabilised at $615 per tonne of steel and $580 per tonne of billet.
Real estate companies on involuntary Ramadan hiatus
By Hamada Ismail With Ramadan falling during the summer this year, real estate companies are on hiatus, reorganising their plans and evaluating their accomplishments. Before Ramadan, 5 real estate expos were held, extending over 24 days. However, results disappointed companies and didn’t satisfy participants, given decreased client participation and weakened sales. Sales were expected to …
Luxury goods buck economic slowdown
Paris (AFP) — Fuelled by surging demand in China, luxury goods makers are bucking the global economic slowdown and reaping huge profits on sales of high-end handbags, expensive jewellery and posh perfumes. Results for the first-half of 2012 released this week showed major brands, including world leaders LVMH, PPR and Luxottica with rising profits driven …
IT experts predict an increase in computer sales this month
IT sales is to rise during this month, says experts.