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Oriental Weavers post Profits of L.E 260 million in 2011
Recording a decline of 27.9%, Oriental Weavers (OW) (ORWE) has posted total net profits of L.E 260 million during…
Sharp assigns New President, Shares rally
Sharp Corp.(JP:6753) +4.32% (SHCAY) +0.98% on Wednesday announced Takashi Okuda will take over as…
Amer Group And KUWADICO Signs New Development Contracts
With a total area of 1.380 million m2, Amer Group has signed a contract for developing Porto October located in the…
Alex Portland Cement’s Net Profits of L.E520 Million amid FY 2011
Recording a decline of 11.9%, Alexandria Portland Cement’s consolidated financial statement for 2011 revealed that…
Citadel Capital Founds Insurance Brokerage Company
Citadel Capital (CCAP) has mentioned that the company is founding a direct insurance brokerage company with L.E2…
Citadel Capital-Sea Dragon Deal to sell NPC Egypt For $147.5 mln
Citadel Capital (CCAP) has managed to sign a non-binding deal with Sea Dragon Energy (SDX-TSX.V) through its…
ZMID to complete 16-Building This Month
Zahraa Maadi Investment & Development (ZMID) targets at the completion of 16 buildings in the 10th zone in…
Arabtec Q4 Threefold Profit
Dubai Arabtec Holding proposed a dividend of five fils ($0.14) per share Thursday after witnessing a three-fold…
Temasek Said to Raise $261 Million amid Selling Its Sembcorp Marine Shares
Temasek Holdings Pte (TMSK), Singapore’s state-owned investment company, raised S$327.6 million ($261 million) by…
RWE Profit sinks 45% sees Stabilization ahead still
German utility RWE AG (DE:RWE) +1.90% on Tuesday reported a 45% drop in 2011 net profit, citing difficult…