 |
OCI reports 31pc drop in Q3 incomeEgypt's Orascom Construction Industries (OCI) reported on Wednesday a 31 percent drop in net income for the third quarter of 2012 to $126.8 million, that was near the top end of analyst forecasts. More… |
 |
Zain Q1 net income soars 40pc to $251mKuwait-based telecom operator Zain on Wednesday announced robust first quarter growth with its net income soaring 40 per cent to KD69.9 million ($251.1 million) compared to the same period last year. Announcing the consolidated financial r More… |
 |
Citigroup raises DP World price targetCitigroup raised its price target on the stock of Dubai's DP World by 16 cents, and said it expects the government-controlled port operator to seek further terminal concessions and bolt-on acquisitions, afforded by a rapidly de-leveraging bala More… |
 |
Gold rebounds after hitting 13-month lowGold bounced after falling to its weakest in 13 months on Thursday, but a surging dollar against the euro capped gains and a sell-off in equities could still drive investors to sell bullion to pay losses. Platinum slipped almost 6 percent More… |
