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Egypt's Orascom Hotels 2007 net profit surges 6 Apr 2008 Consumer Industries |
| Egypt's Orascom Hotels and Development posted a 124 percent rise in 2007 net profit before minority interest to 478.5 million Egyptian pounds on Sunday, the stock exchange said.
Consolidated |
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| Egypt's Citadel says refinery loan pkg on course 6 Apr 2008Consumer Industries |
| The leading Egypt-based private equity firm, Citadel Capital, said on Sunday it was on course to finalise a loan package of up to $2.25 billion to build an oil refinery near Cairo.
Chairman Ahmed |
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| Utility Firms Advised on ICT to Cut Costs 20 Jul 2006Consumer Industries |
| Utility companies have been urged to adopt Information Communication Technology (ICT) in streamlining their operations to cut costs.
Speaking on Wednesday, an expert from Oracle, noted that |
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| Hospitality Associations Sign Agreement 18 Jul 2006Consumer Industries |
| The Kenya Association of Hotelkeepers and Caterers (Kahc) has signed a memorandum of understanding with Pubs and Restaurants Association of Kenya (Perak).
Kahc national chairman, Ms Lucy Karume, |
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| Cadbury; S. African Bromor Foods Sale Cleared 14 Jul 2006Consumer Industries |
| British sweets and soft drinks firm Cadbury Schweppes Plc said on Friday that South African competition authorities have approved its sale of Bromor Foods to Tiger Brands Ltd.
The deal involving |
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| KPC Needs Over Shs10 Billion for Investment 29 Jun 2006Consumer Industries |
| Kenya Pipeline Corporation (KPC) needs Kshs10.6 billion in the next five years to improve its infrastructure, managing director George Okungu has said."This substantial sum requires careful |
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| S.Africa's AECI Sees Stronger First-half Earnings 12 Jun 2006Consumer Industries |
| South African chemicals and explosives firm AECI expected first-half headline earnings per share to increase by up to 106 percent, the firm said on Monday.
AECI said in a trading statement that it |
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| India To Invest 6 Billion Dollars In Nigeria 22 May 2006Consumer Industries |
| India has agreed to invest six billion U.S. dollars in power plants and other projects in Nigeria, Indian Deputy High Commissioner to Nigeria Anil Trigunayat said atthe weekend.
"An agreement |
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| Strong Shilling Wipes Out Sh4.5b Export Earnings 4 May 2006Consumer Industries |
| The horticultural industry is facing a loss of Sh4.5 billion this year as a result of a strong shilling. Hasit Shah, the chairman Fresh Produce Exporters Association of Kenya (FPEAK) said the |
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| Hoteliers Now Target Corporate 4 May 2006Consumer Industries |
| Coast hoteliers are coming into grips with effects of low tourism season that negatively impacted on earnings.The operators have now shifted their focus on conference tourism to boost bed occupancy |
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| Supermarkets Embrace Store Brands 2 May 2006Consumer Industries |
| Supermarket chains are growing bigger and dominating retail trade world-wide, and the bigger ones are even venturing into non-retail services like insurance and banking. This has sounded the death |
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| Emaar Breaks Ground on US$3.4 Billion 1 May 2006Consumer Industries |
| Emaar Properties broke ground at the Rabat waterfront, the site of its fourth luxury planned community in Morocco.
Situated on the Moroccan capital's western side, the 11 km long, |
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| Premium Brand Image Defines Future For LG Electronics 10 Apr 2006Consumer Industries |
| A premium brand image will continue to drive Middle East and Africa growth for global and regional digital leader LG Electronics. The importance of brand differentiation based on quality, design and |
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| Multichoice Increases Prices 7 Apr 2006Consumer Industries |
| As local prices for consumer goods skyrocket, the pay TV monopoly, Multichoice Africa, has joined the fray and increased its subscription fees for its Digital Satellite TV (DStv) service. Multichoice |
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| Sarova Hotels To List On Stock Market 7 Apr 2006Consumer Industries |
| The Sarova Hotels Group is planning to list on the Nairobi Stock Exchange (NSE) and build new hotels in Uganda and Tanzania, a company official told an Ugandan newspaper.
While announcing the |
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| Waste Blamed On High Energy Costs 6 Apr 2006Consumer Industries |
| Speeding up rural electrification in milk producing areas will facilitate the establishment of coolers and increase earnings for farmers.
Kenya has about 204 milk coolers – including 11 owned |
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| Sameer Seeks To Buy Uganda's Top Dairy 6 Apr 2006Consumer Industries |
| The Sameer Group plans to spread its tentacles in the East African region, with media reports in Uganda suggesting the company was poised to take over the government-owned milk processing |
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| General Motors Buyouts Could Weaken 26 Mar 2006Consumer Industries |
| For a U.S. auto industry already undergoing a sea change, General Motors Corp.'s offer to buy out more than 100,000 autoworkers will only bring more upheaval that could result in weaker unions, |
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Body Shop Agrees to Takeover by L'Oreal 18 Mar 2006Consumer Industries |
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Body Shop International PLC, the British retailer that promotes natural-based cosmetics, said Friday it has agreed to be taken over by L'Oreal SA of France in a cash deal worth 652 million |
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| Body Shop Agrees to L'Oreal Takeover Deal 17 Mar 2006Consumer Industries |
| Body Shop International PLC, the British retailer that promotes natural-based cosmetics, said Friday it has agreed to be taken over by L'Oreal SA of France in a cash deal worth 652 million |
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