Arabtec Shares Hike 15% as Aabar Investmetns Doubles Stake
The DFM General Index edged 2.37% higher to close at 1,693.67 Tuesday amid rising trading volumes. Arabtec…
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Indices News
EZZ Dekheila Posts Highest Gains Despite Political Unrest
Egypt's Al Ezz Dekheila Steel Co.- Alexandria (IRAX) has posted record-breaking profits in 2011, shrugging off the…
Vodafone’s Buchanan to Resign: Sunday Telegraph
Vodafone Group Plc (VOD) Deputy Chairman John Buchanan will resign from the world’s biggest mobile-phone operator…
Egypt Unrest Drives OCI into $ 76.82 Mln Losses
Orascom Construction Industries (OCIC), which is listed in the Swiss stock Exchange, reported on Friday a full-year…
DP World’s Net Profit Up 82% on Australian operations Sale
Dubai-based ports operator, DP World, said Thursday its full year net profit for 2011 went up 82 per cent to $ 683…
Mixed Reactions to Damas Takeover
Experts are of the opinion that the deal is likely to be a disadvantage to minority shareholders. The takeover of…
Mannai And Hermes Offer $445 mln Cash Bid For Damas
Mannai Corporation of Qatar and EFG-Hermes of Cairo have made a joint cash bid for Damas International,…
OCI Gains Most in 3 Weeks on Gavilon Deal
Orascom Construction Industries (OCIC) rose the most in three weeks after posting the highest amount in building…
Juhayna Distributes Dividend of L.E 0.15 Per Share
Juhayna Food Industries (JUFO)’s Ordinary General Assembly decided to distribute a dividend of L.E 0.15 a share for…
Zynga Founder, Others to Sell 43 Mln shares
Zynga's CEO and other insiders at the online games company plan to sell 43 million shares of stock in a public…
