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Indices news
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…
Abu Dhabi’s Taqa Raises $215 million Sukuk Sale in Malaysia
Abu Dhabi National Energy Co. (TAQA), the utility known as Taqa, said it raised 650 million ringgit ($215 million)…
ETRS achieves 6.1% Net Profits Rise in 2011
The consolidated financial statements for Egyptian Transport (Egytrans) (ETRS) have unveiled the achievement of net…
Telecom Egypt expects flat revenue in 2012
(Reuters) - Landline monopoly Telecom Egypt expects its revenues to be little changed in 2012 and aims to maintain…
S&P 500 approaching Cheapest
Bloomberg - The Standard & Poor’s 500 Index is approaching the cheapest levelever compared with bonds as…
L’Oreal to Halt Stock Options: CEO
L’Oreal SA (OR) Chief Executive Officer Jean-Paul Agon said he aims to halt the company’s use of stock options this…
Utopia distributes 6 EGP per share as dividends on the 7th of March
Utopia Real Estate Investment and Tourism (UTOP) decided to distribute coupon No (1) as 6EGP per share on the 7th…
