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Qualcomm 2012 Innovation Conference features the “future of mobile technology”

The brightest minds in the ‘mobile ecosystem’ recently gathered in Berlin to promote innovation in the mobile phone industry. The annual Qualcomm 2012 Conference on Innovation (IQ2012) in the mobile industry concluded recently. Qualcomm sought to highlight hands-on access to the latest in mobile technology, products and services as well as insight to “the future …

Daily News Egypt

Ghabbour Auto sees moderate rise in profits in first half of 2012

Ghabbour (GB) Auto’s profits in the first half of 2012 grew by 31.6 percent compared to the same period in 2011, reaching EGP 76.5 million. Revenues rose 23.3 percent to EGP 3.8902 billion. The company’s revenues in the second quarter reached EGP 2.1778 billion, a growth of 17.2 percent from the same quarter in 2011. …

Daily News Egypt

Sales in automobile spare parts market take a dip

By Inaam El-Adawi Dealers in spare automobile parts have been assured that that their trade will not diminish as car companies launch their 2013 models, even if the market is stagnating. Desouky Sayed Desouky, Spare Parts Division Director at Cairo Chamber of Commerce (CCC), said that new parts will only begin to impact the market …

Daily News Egypt

Real estate companies on involuntary Ramadan hiatus

By Hamada Ismail With Ramadan falling during the summer this year, real estate companies are on hiatus, reorganising their plans and evaluating their accomplishments. Before Ramadan, 5 real estate expos were held, extending over 24 days. However, results disappointed companies and didn’t satisfy participants, given decreased client participation and weakened sales. Sales were expected to …

Daily News Egypt

Luxury goods buck economic slowdown

Paris (AFP) — Fuelled by surging demand in China, luxury goods makers are bucking the global economic slowdown and reaping huge profits on sales of high-end handbags, expensive jewellery and posh perfumes. Results for the first-half of 2012 released this week showed major brands, including world leaders LVMH, PPR and Luxottica with rising profits driven …

Daily News Egypt

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