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MKIT‘s Profits dip by 89% in FY2011
Misr Kuwait Investment (MKIT) has incurred an 89% decline in the net profits that reached L.E61.613 thousand during…
MPCI targets L.E6.2 million Profits by FY 2012/2013
Memphis Co. for Pharmaceutical and Chemical Industries (MPCI) is targeting achieving net profits worth L.E6.2…
Yelp shares hike 64% amid New York listing
Shares in consumer review website Yelp finished 63.9% higher on their first day of trading following the company's…
Citigroup Chairman Parsons to step down in April
Citigroup Inc. said late Friday Chairman Richard Parsons will not stand for re-election at the company's annual…
ELMACO’s Profits record Dip by 42.6%
El Nasr Transformers & Electrical Products (ELMACO) (NASR) has achieved net profits of L.E24 million during the…
PHDC denies receiving Takeover Offers
Palm Hills Development (PHDC) has denied what some newspapers had recently circulated about foreign or Gulf…
BP Deepwater Horizon oil spill trial delayed for a week
The civil trial over the 2010 Deepwater Horizon oil rig disaster, which was due to start in New Orleans on Monday,…
Motorola Solutions buys 23.7m Shares from Icahn
Motorola Solutions Inc (MSI.N) said it bought back about 23.7 million shares from Carl Icahn and some of his…
Stock Futures Signal Lower Wall Street Open
According to Reuters, Stock index futures pointed to a lower open for equities on Wall Street on Monday, with…
ECAP incurs Losses of L.E24.7m in 2011
El Ezz Ceramics & Porcelain (Gemma) (ECAP) has incurred a net loss of L.E24.715 million during the fiscal year…
