• Most Popular
  • Most Shared

Egypt's Raya 9M net profit dips 39 pct - bourse

Mon Nov 16, 2009 5:19am EST

Stocks

   

CAIRO, Nov 16 (Reuters) - Egypt's Raya Technology and Communication (RAYA.CA) posted a net profit of 25.2 million Egyptian pounds ($4.6 million) in the first nine months of the year, the stock exchange said on Monday.

The firm, which sells telephone handsets and runs call centres, made 41.1 million pounds in the same period a year earlier, the exchange said. (Writing by Alastair Sharp) ($1 = 5.4566 Egyptian pounds)



More from Reuters

Volvo Cars says sale to Geely not yet finalized

STOCKHOLM (Reuters) - U.S. carmaker Ford has not yet inked a deal to sell its Volvo Cars unit to China's Zhejiang Geely a spokesman for Volvo said, after Swedish television reported on Wednesday an agreement had been signed.

Malaysians participate in computer attack and defence hacking competition during The 3rd Annual Hack-In-The-Box Security Conference 2004 in Kuala Lumpur on October 6, 2004. REUTERS/Bazuki Muhammad
Commentary:

Year of the breach

Data security breaches are nasty business and should be avoided at all costs, writes Kevin Prince, a chief technology officer at Perimeter e-Security. Here's a look at the biggest breaches and blunders of 2009.  Commentary 

A condominium under construction is seen in Miami, Florida October 15, 2007. REUTERS/Carlos Barria

Booming in the bust

For most Americans, the housing market collapsed about four years ago. For three real estate heavyweights, it's just getting started.  Full Article