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Standard Chartered Private Equity (SCPE) has acquired a minority stake in Construction Products Holding Company (CPC) through an equity investment of US$75mn.
CPC receives US$75mn investment from Standard Chartered
Technology
Danaher Corporation opens ME headquarters in Dubai
Danaher Corporation opened a new office in Dubai to serve as the Headquarters for its Middle East operations.
Lafarge Q2 profits decline on high material costs
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Lafarge posted weaker Q2 results of US$1.01 billion, a drop of 16 per cent versus 2010 earnings of US$1.2 billion due to higher raw material costs.
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.
S&P revises Tunisia's outlook to negative on increasing uncertanies
Standard & Poors Ratings Services revised the ratings outlook on Tunisia to negative from stable in a new report.
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