Earnings
Morgan Stanley expects its overall tax rate from continuing operations this year to be 22 to 25 percent, depending on where its earnings come from globally.
The dollar rose and stocks around the globe rallied for a sixth straight session on Friday to post their best week in more than two years.
Centamin posted a 13% fall in core profit in 2017 Wednesday as gold production fell and costs rose but the miner declared a final dividend that beat consensus.
EasyJet's annual net profit slumped by almost one third on strong competition and a Brexit-fuelled slump in the pound.
European shares crept higher in early deals on Friday as earnings weighed on shares in French bank Societe Generale and Dutch telecoms firms Altice.
Nintendo nearly doubled its full-year profit forecast Monday as it pointed to sizzling sales of its Switch games console and a cheaper yen.
Japan's crisis-hit Kobe Steel on Monday yanked its net profit forecast for the current fiscal year.
Asian shares gained on Friday as technology stocks were boosted by upbeat earnings from U.S. high-tech giants.
Hong Kong stocks ended the week on a firmer footing, after an encouraging slew of earnings from U.S. tech giants buoyed W. Street and the ECB extended its stimulus.
Visa Inc, the world’s largest payments network operator, reported an 11 percent increase in fourth-quarter profit on Wednesday.
General Electric Co's third-quarter profit missed Wall Street estimates by a wide margin on Friday and the industrial conglomerate slashed its earnings forecast.
The Dow Jones Industrial Average briefly broke above the 23,000-point mark on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson.
U.S. stock sectors that are particularly dependent on economic growth recently grabbed hold of the market’s rally.
Total revenues went up to LE 1.17 billion in H1 of 2017 from LE 624 million in H1 of 2016 and hit LE 469 million in Q2 of 2017, increasing from LE 436.7 million in the year-ago period.
Telecom Egypt’s net Profit after tax grew 22 percent to LE 1.3 billion in the second quarter of 2017, representing a net profit margin of 27 percent.
Weak quarterly earnings from some of the most active shares in Dubai may keep that index capped on Monday.
Vodafone Egypt achieved LE 4.5 billion ($0.25 billion) revenues in the first quarter of 2017, with a 25 percent increase year-on-year.
Egypt’s aggregate earnings are likely to rise by 46 percent year-on-year to LE 11.6 billion in the second quarter of 2017.
CIB recorded a net income of 1.73 billion EGP ($95.36 million) during the first quarter of 2017.
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