Business & Management

Zain Group first half year profits rise 17 per cent


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


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

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Volvo makes record profits in Q2 2011


Volvo Group saw record profits in the second quarter of this year showing further signs of an economic recovery for the world's second largest truckmaker.

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Kuwait needs to boost spending - Central Bank Governor


Kuwait needs to increase government spending and support the private sector to overcome imbalances in its economy, its central bank governor said in an interview.

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Positive outlook for Saudi Steel Pipes


Saudi Steel Pipes (SSP) Q2 2011 preliminary results were announced on 17 July 2011 and showed that the company's net income had fallen since 2010  hitting US$5.67mn in 2011.

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