Business & Management

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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Volvo makes record profits in Q2 2011

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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

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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

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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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