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Open to new acquisitions: Egypt GB PDF Print E-mail
Written by Egypt News   
Tuesday, 18 November 2008
Egyptian largest publicly traded car assembly and retail company, Ghabbour Auto (GB) AUTO.CA was open to new acquisitions as its own growth slows, and could finance them through earnings and debt, the company reported on Monday

Ghabbour, whose net profit surged 88 percent in the third quarter, said it was on the lookout for local and regional opportunities that may present themselves in the context of an economic slowdown.
 
 

 
Opec wants oil at $70-$90 a barrel PDF Print E-mail
Written by Egypt News   
Monday, 17 November 2008
The Opec oil cartel wants oil prices of $70-90 a barrel, Chakib Khelil, Algeria’s energy minister and the group’s president, said on Sunday, suggesting the group would try to defend this level with further production cuts in the coming months
 
Petrovietnam to acquire stake in Egypt oilfield PDF Print E-mail
Written by Egypt News   
Monday, 17 November 2008
PVEP, the production arm of state oil Petrovietnam, said on Monday it planned to acquire a majority stake in an oil block in Egypt

Hanoi-based, unlisted PVEP said it would become the operator of Egypt's South Siwa block after acquiring an undisclosed majority stake from Dubai-based Al Thani Investment Group.
 
 

 
Egypt Ezz Steel to give two pound dividend PDF Print E-mail
Written by Egypt News   
Monday, 17 November 2008
Ezz Steel ESRS.CA, Egypt's largest steel producer, will distribute a dividend of two Egyptian pounds ($0.36) per share for the first six months of 2008, investor relations head Kamel Galal said on Monday

The dividend, approved by a general assembly meeting on Sunday and equivalent to 16 percent of the current share price, wil probably be distributed within about a month, he said.
  

 
Egypt EFG-Hermes to buy back up to 5 mln shares PDF Print E-mail
Written by Egypt News   
Monday, 17 November 2008
EFG-Hermes HRHO.CA, Egypt's largest investment bank by market value, said on Monday it would buy up to 5 million treasury shares, the latest in a series of buybacks after shares have plunged

The bank, whose third-quarter profit tumbled about 50 percent, said it would buy back the shares between Nov. 17 and Dec. 16. It did not say at what price it would buy the shares.
 
 

 
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Results 556 - 560 of 1359

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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Beyonce in Egypt Cairo Film Festival 2009
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Beyonce in Egypt Port Ghalib
Cairo International Film Festival 2009
 



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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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