Yanbu Cement Company?s (YCC) recently released Q2 results that showed YoY growth on all profit lines stood at around 30 per cent.
Technology
Egypt seeks US$3bn to finance budget deficit
Egypt is seeking to raise US$3 billion to finance its budget deficit for the 2011-12 financial year, its Finance Minister Samir Radwan said in Dubai.
Tyco completes KEF acquisition
Tyco International Ltd announced that it has completed its acquisition of a 75 per cent equity stake in United Arab Emirates-based KEF Holdings Ltd. (KEF), an integrated valve manufacturer and provider of steel castings to the oil and gas, chemical, mining and power industries.
Nokia Siemens Networks signs Saudi joint-venture agreement
Nokia Siemens Networks signed a strategic partnership agreement with Al Sarya Telecommunications Company and Belal Company, both of Saudi Arabia (members of Ghazzawi Group of Companies) to establish Nokia Siemens Networks al Saudia Ltd as a joint-venture company.
Emerson?s interactive webinars return
Emerson Process Management announces a programme of interactive webinars in June/July 2011 that will demonstrate how wireless and digital technologies enable easier and more profitable operations.