Browsing Category
Indices news
Saudi’s Almarai Q1 Net Profit Higher 2.9%
Saudi dairy and food maker Almarai Trading Co said on Saturday its first-quarter net profit rose 2.9 percent to…
Burger King Is Back to Stock Market
Burger King looks set to return to the stock market less than two years after leaving it in a deal with Justice…
Arabtec Shares Hike 15% as Aabar Investmetns Doubles Stake
The DFM General Index edged 2.37% higher to close at 1,693.67 Tuesday amid rising trading volumes. Arabtec…
EZZ Dekheila Posts Highest Gains Despite Political Unrest
Egypt's Al Ezz Dekheila Steel Co.- Alexandria (IRAX) has posted record-breaking profits in 2011, shrugging off the…
Vodafone’s Buchanan to Resign: Sunday Telegraph
Vodafone Group Plc (VOD) Deputy Chairman John Buchanan will resign from the world’s biggest mobile-phone operator…
Egypt Unrest Drives OCI into $ 76.82 Mln Losses
Orascom Construction Industries (OCIC), which is listed in the Swiss stock Exchange, reported on Friday a full-year…
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…
Facebook’s “IPO” Halts its Shares’ Trading
Facebook (FB), is halting the trading of its shares on secondary markets by the beginning of April as it prepares…
Mannai And Hermes Offer $445 mln Cash Bid For Damas
Mannai Corporation of Qatar and EFG-Hermes of Cairo have made a joint cash bid for Damas International,…
