APICORP Posts Net Income of $112 Million 

• Wednesday, 15th April 2020
• by Editorial Team

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, reported a 17% year on year increase in income to $112 million in 2019, up from $96 million the previous year ...

Jordanian Operations to Comprise 5% of Egypt Gas Company’s Revenue

• Monday, 16th October 2017
• by Sarah Samir

Egypt Gas Company expects proceeds from its expansion project in Jordan to reach 5% of its revenues by the end of 2018.

AMOC’s Profits Rise 153%

• Sunday, 24th September 2017
• by Sarah Samir

Alexandria Mineral Oils Company (AMOC) produced EGP 8.5 billion petroleum products in fiscal year (FY) 2016/2017 with a net profit of EGP 1.1 billion, a 153% increase in profits from FY 2015/2016.

Maridive’s Profit Rises by 60%

• Wednesday, 19th July 2017
• by Sarah Samir

Maridive Group has increased its profit during the first quarter of 2017.

Egypt Boosted Siemens’ Profits

• Monday, 14th November 2016
• by Sarah Samir

Germany's Siemens stated that it had boosted its net profit in the quarter ending September by 18%. This increase came from Siemens' large power plants in Egypt.