INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Egypt’s foreign reserves leap up to $40.67bn in July

  • Egypt's net foreign reserves have risen to $40.672 billion in August from $40.609 billion in July
  • Foreign reserves have been rising since June 2020, after dropping to around $36 billion

Egypt’s net foreign reserves have risen to $40.672 billion in August from $40.609 billion in July, the central bank said on Monday.

Foreign reserves have been rising since June 2020, after dropping to around $36 billion from more than $45.5 billion due to the impact of the coronavirus pandemic.