Mena News

 

  Italy’s industrial output declines
Apr , 11 , 2013  
  Industrial production in Italy declined 3.8% YoY (calendar-adjusted basis) in February, albeit slower than the market estimate of 4% YoY. On an unadjusted basis, the output fell 7.6% YoY.
 

Read More

  Eurozone labor costs rise in 2012
Apr , 11 , 2013  
  Hourly labor costs for 2012 rose in most Eurozone countries, barring Greece. Hourly labor costs that include wages, salaries and non-wage costs surged 8.7% to EUR28 during the year.
 

Read More

  Drake & Scull International signs AED180mn contract
Apr , 11 , 2013  
  Drake & Scull International entered into a AED180mn MEP contract for a residential development in Qatar. The work is expected to be completed by 4Q14.
 

Read More

  Arab National Bank posts 1Q13 results
Apr , 11 , 2013  
  Arab National Bank’s net profit increased 3.5% YoY to SAR678.7mn in 1Q13. Total operating income rose 6.1% YoY to SAR1.3bn during the same period.
 

Read More

  Dar Al-Arkan posts 1Q13 results
Apr , 11 , 2013  
  Saudi Arabia-based Dar Al-Arkan’s net income dropped 18.8% YoY to SAR238mn in 1Q13. This can be ascribed to poor non-operating income and higher expenses.
 

Read More

  Bank Albilad announces 1Q13 results
Apr , 11 , 2013  
  Saudi Arabia-based Bank Albilad’s net income plunged 72% YoY to SAR142.5mn in 1Q13. Total income from operations, however, increased 7% YoY to SAR450mn during the same period.
 

Read More

  Alinma Bank reports 1Q13 results
Apr , 11 , 2013  
  Saudi Arabia-based Alinma Bank’s net profit surged 47% YoY to SAR221mn in 1Q13. Total operating income advanced 33% YoY to SAR522mn during the same period.
 

Read More

  Al Rajhi Bank reports 1Q13 results
Apr , 11 , 2013  
  Saudi Arabia-based Al Rajhi Bank’s net profit grew 2% YoY to SAR2.1bn in 1Q13. Total operating income rose 3% YoY to SAR3.5bn during the same period.
 

Read More

  European shares rally boosted by China, Alcoa
Apr , 10 , 2013  
  European shares were led up by miners today, as investors hoped for more accommodative monetary policy from China after it reported benign inflation data and U.S. firm Alcoa posted solid earnings, Reuters reported . The FTSEurofirst 300 was up 5.51 points, or 0.5 percent, at 1,170.30 by 0706 GMT. The index has found support around its 38.2 percent retracement level of 1,154, which it struck after three days of declines last week on the back of rising euro zone debt tensions and weak U.S. jobs data. The beaten-down mining sector rose 1.9 percent after no.1 metals consumer China reported lower-than-expected inflation data, fuelling expectations that its monetary stimulus would stay in place and help support economic growth, improving the outlook for demand in the sector. Also helping was U.S. aluminium group Alcoa, viewed as a bellwether for the materials sector, which posted better-than-expected first-quarter profit.
 

Read More

  UK’s annual industrial production dives 2.2% in Feb
Apr , 10 , 2013  
  Year-over-year UK Industrial Production fell by 2.2% in February, following a 3.1%% drop in January, National Statistics informed on Tuesday. This is a more positive result that the forecasted 2.8% decrease. UK Industrial Production rose by 1% between January 2013 and February 2013, in comparison with the 1.3% decline registered between December 2012 and January 2013 and above expectations of a 0.3% rise, FX Street website reported. On an annual basis UK Manufacturing Production fell by 1.4% in February, after decreasing 3.3% in January and slightly above expectations of a 1.5% decline. Between January 2013 and February 2013 UK Manufacturing Production rose 0.8%, following a 1.9% drop between December 2012 and January 2013 and exceeding market consensus of 0.3% growth. James Knightley from ING comments: “With the UK’s largest oil and gas field coming back on-stream in March, likely leading to another positive gain in output, we are more optimistic that the UK can avoid its third technical recession in five years.”
 

Read More

[First Page] [Prev] 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 [Next] [Last Page]

  
New Page 1
Privacy Statement

Copyright © 2012 LOTUS All Rights Reserved
Developed By Superlink