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Orascoms plunge on results, drag down Egypt index PDF Print E-mail
Written by Egypt News   
Tuesday, 18 November 2008
Orascom Telecom and Orascom Construction Industries shares plunged on Tuesday after both firms missed third-quarter profit forecasts, dragging down Egypt's index
The CASE 30 index fell 7.78 percent to 4,205.99 points, the lowest in over 3 years.

Shares of Orascom Telecom, the largest Arab mobile operator by subscribers, tumbled 14.02 percent to 23.80 pounds ($4.30), its sharpest single-day drop in nearly two years.
 

 
Russian oil firms may cut output if unprofitable PDF Print E-mail
Written by Egypt News   
Tuesday, 18 November 2008
The world is heading toward a sharp deficit of oil production capacity and Russian companies could cut output and exports should they become unprofitable, Russia's energy minister said on Tuesday
 
9-month net profit up 47 pct: Egypt SC PDF Print E-mail
Written by Egypt News   
Tuesday, 18 November 2008
A 47 percent of (SC) rise in net profit in the first nine months of 2008 to 777.2 million Egyptian pounds ($141 million), the Egyptian El Sewedy Cables (SC) SWDY.CA, one of the biggest cable manufacturers in the Middle East said on Tuesday 

 
Egypt OCI Q3 profit up 293 pct PDF Print E-mail
Written by Egypt News   
Tuesday, 18 November 2008
A nearly 300 percent of OCI rise in third-quarter net profit to $205.1 million, but missed market forecasts, according to Egyptian largest builder by market value, Orascom Construction Industries (OCI) statement

Revenue for the quarter rose 75 percent to $991.9 million, the Cairo-based group said in a statement.
 

 
Nine-Month Profit Declines 70%: OT PDF Print E-mail
Written by Egypt News   
Tuesday, 18 November 2008

Orascom Telecom Holding (OT) SAE, the biggest mobile-phone company in the Middle East, said nine-month profit declined 70 percent from a year earlier, when earnings were boosted by a one-time gain

Net income dropped to $345.3 million, or $1.80 a share, from $1.3 billion, or $5.96, a year earlier, the Cairo-based company said in an e-mailed statement today. Third-quarter profit was $69.4 million, the company said without giving a comparison.
 

 

 
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Cairo Cinema

Adrenalin
 This is It
Egyptian Adrenalin Movie This is It movie for Michael Jackson
Lieutenant colonel Mahmoud Abul-Leil discovers a disfigured anonymous corpse and leads a team of investigators to solve the murder
 Michael Jackson’s This is It will offer Jackson fans and music lovers worldwide a rare, behind-the-scenes look at the performer as he developed
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Cairo Events

Beyonce in Egypt Cairo Film Festival 2009
6-7 Nov 2009 10-20 Nov 2009
Beyonce in Egypt Port Ghalib
Cairo International Film Festival 2009
 



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Barack Oama Nobel Peace prize: Support and opposition

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Man of Peace and War (Anwar Al Sadat)

World Climate Conference in Geneva

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Michael Jackson (King of the POP)

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Railway accidents in Egypt

Egypt's national railway system is the biggest in the Middle East, with nearly 5,000 kilometers of ...

 

Battle for honour, liberating the land

Contrary to what was in the Western and Israeli sites said, the 6 October war was a battle to liber...

 

FIFA U-20 World Cup

The FIFA U-20 World Cup, until 2005 known as the FIFA World Youth Championship, is the world champi...

Polls

Do you think that the sentence of Talaat Moustafa will affect Talaat Moustafa group shares?
 
Do you think the Transport Minister resignation is the right step after Egypt's latest rail crash?
 

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