EGX Early Losses Doubled, EFG-Hermes 4.17% Down
On Tuesday’s midday session, the EGX doubled its early losses to reach EGP 2.3 billion as the capital market has…
Arabtec’s Contracts Boost Profit to Dh84.1m
Arabtec Holding Co (ARTC:UH) saw its first-quarter net profit more than triple year-on-year, the company said…
Holcim to Cut Cost for a Profit Raise
Holcim, the world's second-largest cement maker facing surging energy costs and weak demand in Europe, plans to cut…
Utopia Leads NILEX’s Downwards, PSAD 4.67% Up
During Tuesday’s trading, NILEX’s listed shares have witnessed unsteady performance amidst trading in 6 securities…
Facebook IPO Targets $12.1 billion
Facebook Inc has raised the price range on its initial public offering to $34 to $38 a share in response to strong…
Google’s Android Stretches in Smartphones Market
Google's Android smartphone software stretched its market lead in early 2012, helped by new models from handset…
Nokia 110: Low-Cost Cellphones
Nokia launched two low-end cellphones on Tuesday, aiming to regain its footing in emerging markets. The Nokia 110…
Sony, Panasonic Talk about OLED TVs
Sony Corp and Panasonic Corp are in talks to develop the technology to mass produce next-generation OLED…
Palm Hills Q1 Net Loss Hits EPG 16.3 Mln
Egypt's Palm Hills Developments (PHDC:CA), the country's second biggest listed developer, posted a net loss of 16.3…
Egypt To Sign $3.2 Bln IMF Loan By June: Momtaz El-Saeed
Egypt expects to sign a $3.2 billion loan with the International Monetary Fund around the beginning of June, said…