EARNINGS WATCH-Abu Dhabi Islamic Bank (ADIB) Egypt reported a consolidated net profit to EGP 73.7 mn in 1Q2017, a 38.5% y-o-y decrease from the EGP 119.8 mn recorded in 1Q2016, according to an EGX filing. Revenues were up 36% y-o-y to EGP 604 mn in 1Q2017.
More from Enterprise
CIB’s 3Q net income falls 17% y-o-y, 9M core earnings grow 18%
Here are the stories driving the day, both at home…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…