Abu Dhabi to Complete $ 600 Mln Solar Plant This Year
Abu Dhabi Solar plant Shams 1 will be completed by the end of this year and will be ready to provide Abu Dhabi with…
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EGX Ends Trading in Red; Loses L.E 1 Bln
On Thursday’s closing session, the EGX incurred losses of L.E 1.04 billion as the capital market amounted to L.E…
DP World’s Net Profit Up 82% on Australian operations Sale
Dubai-based ports operator, DP World, said Thursday its full year net profit for 2011 went up 82 per cent to $ 683…
Mixed Reactions to Damas Takeover
Experts are of the opinion that the deal is likely to be a disadvantage to minority shareholders. The takeover of…
US Dollar Stabilizes Against Kuwaiti Dinar
Exchange rate of the US dollar against the Kuwaiti dinar stabilized, standing at KD 0.277 ($ 1), the euro also…
KSE Closes in Red
Kuwait Stock Exchange closed Thursday in red with the price index reading 6,165 points at a loss of 21.7 points,…
EGX Main Index in Red; Midday
EGX ‘s morning gains shrank to as it post gains of only L.E 150 million during Thursday’s midday trading, as the…
PSAD Tops NILEX’s Trading
During Thursday’s trading, NILEX’s listed shares have witnessed unsteady performance after trading in 7 securities…
French Premier Upbeat on Oil-Release Prospects
French Prime Minister Francois Fillon on Thursday said he was optimistic about prospects for an agreement between…
ETHYDCO Awards Japan’s TOYO An Egyptian Ethylene Plant
The Egyptian Ethylene and Derivatives Co (ETHYDCO) has awarded Japan's Toyo Engineering Corp and ENPPI, an…