Tag Archives: Profit

Egypt’s Global Telecom’s profit boosted by Algerian arm

Company’s shares edged 0.21% higher on Monday Shares in Egypt’s Global Telecom Holding (GTH) rose on Monday as the company reported a rise in fourth quarter (Q4) 2018 earnings. The company’s Q4 2018 net profit amounted to $98 million, compared to a loss of $136 million for Q4 2017. GTH’s shares added 0.21 percent on Monday, and have gained 28.23 …

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Nineteen UAE listed banks posted $5.17bln in H1 net profit

A total of 19 listed banks reported H1 net profit of around AED19 billion, a 3.8 percent growth from around AED18.3 billion during the corresponding period last year. Matching previous expectations, the gains reflect the banking sector’s resilience and ability to cope with the fast-paced, multifaceted developments witnessed by the national economy which in its turn has maintained decent growth …

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Mobily achieves 17 Million net Profit for the First Quarter of 2016

The Improved Operational Efficiency Enhances the Company’s rising Path. Etihad Etisalat (Mobily ) has achieved a net profit amounted SAR 17 million for the first quarter of this year 2016 comparing to a loss of SAR 44 million for the same period last year, with a growth of 54% so that he company continues the rising trend of profitability which …

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