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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…
PRMH records L.E8.8m Losses in 2011
Prime Holdings and Investments (PRMH) has encountered net losses of L.E8.860 million during the fiscal year 2011,…
European Shares Dip, Autos Down on Oil Price Concerns
The European shares fell early on Monday, as investors worried about high oil prices affecting company earnings and…
Dubai Shares Rise to 10-Month High on Profit
Dubai stocks jumped to a 10-month high as company earnings and dividends boosted investor confidence and after a…
Buffet says a Successor is lined up to replace him
According to BBC News, Warren Buffett has announced that he has a successor in mind to replace him as chief…