- Nearly nine in ten Africans in the UK say they have been turned down for a mortgage
- EAAIF Completes $325M Debt raise to Accelerate Emerging Market Infrastructure
- AFSIC connections unlocked key funding for the Africa College Foundation to provide education for youth in Africa
- US economic uncertainty to spark boom in UK real estate investing
- East Africa’s Real Estate Market Primed for Those Who Know It Best
Egypt: Americana Egypt posts 47% drop in Half-year profits
Cairo, Egypt (Capital Markets in Africa) — Egyptian Co. for International Tourism Projects (Americana Group-Egypt) reported a 47% drop in its consolidated earnings for the six-month period ended 30 June 2015. The earnings reached EGP 65 million ($8.3 million), compared with EGP 122.8 million ($15.7 million) in the year-ago period. H1 sales amounted to EGP 1.24 billion, compared with EGP 1.03 billion in the year-ago period. The standalone net earnings reached EGP 66.71 million, compared…
Read More