Thursday,05 November , 2009 -18:24 19
Arab Banking Corporation Egypt - (ABCE) sent a release to EGX announcing that the initial offer of 160714 shares has been covered by 2052.6% while allocation ratio during second offer hit 4.8719 %.
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Thursday,05 November , 2009 -17:24 36
Almutlak Trade and Industries, a Saudi-based automotive specialist, plans to sell 30 percent of its shares to the public early next year as part of plans to expand its business, the IPO's adviser said.
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Thursday,05 November , 2009 -17:24 29
DUBAI/DHAHRAN - Plans for three Gulf IPOs announced in the past week don't change the picture of a slow pickup in company flotations in the region.
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Thursday,05 November , 2009 -17:24 24
Mobile operator Vodafone Qatar said on Wednesday its half-year operating loss widened to 347.5 million riyals ($95.52 million) on increased operational start-up costs.
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Thursday,05 November , 2009 -17:24 18
Fertilizer unit of Industries Qatar is increasing production of urea and related products to supply growing global demand, focusing on South America, and expects 2009 profit to be in the range of 2.55 billion riyals, executives said on Thursday.
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Thursday,05 November , 2009 -17:24 12
DUBAI/DHAHRAN - Plans for three Gulf IPOs announced in the past week don't change the picture of a slow pickup in company flotations in the region.
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Thursday,05 November , 2009 -17:24 06
Qatari lender Masraf al-Rayan expects its fourth-quarter profit to exceed the third quarter and will push ahead with its expansion strategy, the bank's chief executive said on Wednesday.
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Thursday,05 November , 2009 -17:07 38
Belton Financial Holding - (BTFH) sent a release to EGX concerning current negotiation with Pioneers Holding (PIOH). Beltone expected to conclude such negotiation in the next three days.
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Thursday,05 November , 2009 -17:06 55
Commercial Bank of Qatar, which kicked off a roadshow this week, said that any potential U.S dollar bond issue would be listed on the London Stock Exchange.
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Thursday,05 November , 2009 -17:06 49
Emirates, the Dubai-owned carrier, bucked the downward trend in aviation earnings with a 165-percent rise in first-half profit, driven by lower costs, but remained cautious in its outlook.
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