Tech news Alcatel-Lucent resilient, defends Nokia Deal Noha Gad May 7, 2015 0 Telecom equipment maker Alcatel-Lucent (ALUA.PA), which is set to be bought by larger rival Nokia (NOK1V.HE),…
Industry & Trade UAE’s Dana Gas records 73% Profit fall due to Oil Price Decline Noha Gad May 5, 2015 0 Sharjah-based Dana Gas reported lower sales and profit in the first quarter, as cost-cutting failed to mitigate the…
Tech news Sony expects Operating Profit to Surge This Year Administrator Apr 30, 2015 0 Sony Corp. on Thursday predicted a surge in operating profit for the current fiscal year, with its entertainment…
Industry & Trade Qalaa Holdings records $115 million Year Loss aya salah Apr 30, 2015 0 Qalaa Holdings, one of Egypt's largest investment firms, reported a full-year net loss of 879.6 million Egyptian…
Industry & Trade Volkswagen Q1 Profit jumps 17 % on European Recovery, Cost cuts Noha Gad Apr 29, 2015 0 Volkswagen (VOWG_p.DE) increased operating profit in the first quarter on cost cuts and improving European auto…
Industry & Trade Daimler Profit lifted by Mercedes-Benz Sales Administrator Apr 28, 2015 0 German car maker Daimler AG (DAI.XE) said Tuesday that profit almost doubled in the first quarter, lifted by sales…
forex news BP Posts Fall in Profit as Lower Oil Prices Bite Administrator Apr 28, 2015 0 BP PLC on Tuesday reported a fall in first-quarter profit from a year earlier, giving the first glimpse of how low…
Arab UAE Profit-Taking May Continue; Egypt Rate Decision No Surprise Amwal Al Ghad English Apr 26, 2015 0 Stock markets in the United Arab Emirates may face more selling pressure on Sunday after investors started booking…
Tech news LG Display First Quarter Profit at Five-year High, buoyed by Sales at Client Apple Noha Gad Apr 22, 2015 0 South Korea's LG Display Co Ltd on Wednesday said January-March profit hit the highest in at least five years,…
Banks Morgan Stanley posts Highest Profit since Financial Crisis Noha Gad Apr 21, 2015 0 Wall Street investment bank Morgan Stanley reported its most profitable quarter since the financial crisis on…