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Egyptian Gulf Bank (EG Bank) on Thursday reported a 12% year-on-year increase in consolidated profits for 2018, beating its estimates of EGP 575 million.Net profits reached EGP 579.9 million in the full-year ended 31 December 2018, versus EGP 516.5 million in 2017, the bank said in…
Orange on Thursday posted a modest increase in annual profits and met its 2018 guidance.Net profit stood at EUR 1.95 billion ($2.21 billion) in 2018, slightly up from EUR 1.84 billion ($2.09 billion) in 2017, Orange said.This profit was mainly backed by the company’s solid revenue…
Talaat Moustafa Group Holding (TMG Holding) on Thursday reported a 28% year-on-year surge in consolidated profits for 2018.Net profit amounted to EGP 1.77 billion in 2018, versus EGP 1.32 billion in 2017, including minority shareholders’ equity, the property developer said in a filing to the Egyptian…