Tuesday,24 November , 2009 -16:33 32
El Sewedy Cables’ (SWDY) management said in a conference call which was held to discuss 3Q09 financial results that contracting works witnessed a normal reversion after booking delayed deliveries in 2Q09.
Full Story
Tuesday,24 November , 2009 -15:54 20
HC Research cut its price target on Egyptian mobile operator Mobinil (EMOB) to reflect stronger competition.
Full Story
Tuesday,24 November , 2009 -15:54 08
The listing committee held on 24/11/2009 approved the following, regarding International Agricultural Products.
Full Story
Tuesday,24 November , 2009 -15:38 04
German lender Deutsche Bank AG has converted a third of its $100 million convertible murabaha into shares of Gulf Finance House (GFH), the Bahrain-based Islamic investment house said on Tuesday.
Full Story
Tuesday,24 November , 2009 -15:37 57
Nomura upgraded Kuwait's mobile telecommunications operator Zain to "neutral" from "reduce" and said the company should perform better next year.
Full Story
Tuesday,24 November , 2009 -15:37 49
Abraaj Capital, the Middle East's largest private equity company, said on Tuesday it would acquire Riyada Ventures as part of a push into the small- to medium-sized enterprise segment.
Full Story
Tuesday,24 November , 2009 -15:22 18
NCB Capital raised its price target on Yamama Cement Co, and said Saudi Arabia's third largest cement producer is set to benefit from strong construction activities in the Central region, particularly Riyadh.
Full Story
Tuesday,24 November , 2009 -15:22 10
Abraaj Capital, the Middle East's largest private equity company, said on Tuesday it would acquire Riyada Ventures as part of a push into the small- to medium-sized enterprise segment.
Full Story
Tuesday,24 November , 2009 -15:05 57
Bidders for the contract to build the Rabigh power station for Saudi Electricity Co (SEC) have asked for more time to prepare proposals, sources at contracting firms said on Tuesday.
Full Story
Tuesday,24 November , 2009 -15:05 49
Dubai developer Union Properties is in talks with two investors to sell its 50 percent stake in Emirates District Cooling (Emicool), Union's vice chairman said on Tuesday.
Full Story