Business & Management

CPC receives US$75mn investment from Standard Chartered

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Standard Chartered Private Equity (SCPE) has acquired a minority stake in Construction Products Holding Company (CPC) through an equity investment of US$75mn.

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Danaher Corporation opens ME headquarters in Dubai

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Danaher Corporation opened a new office in Dubai to serve as the Headquarters for its Middle East operations.

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Lafarge Q2 profits decline on high material costs

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Lafarge posted weaker Q2 results of US$1.01 billion, a drop of 16 per cent versus 2010 earnings of US$1.2 billion due to higher raw material costs.

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Zain Group first half year profits rise 17 per cent

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Zain Group posted a net income of US$506.5mn for the first half of this year, a 17 per cent increase over the same period last year.

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S&P revises Tunisia's outlook to negative on increasing uncertanies

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Standard & Poor's Ratings Services revised the ratings outlook on Tunisia to negative from stable in a new report.

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