Egypt's Nasr City Housing 9-mth profit falls 31 pct
CAIRO Nov 15 (Reuters) - Egyptian developer Nasr City Housing posted a 31 percent drop in nine-month net profit to 40.7 million Egyptian pounds ($6.8 million), the stock exchange said on Tuesday.
The formerly state-run group, now about 30 percent-owned by Beltone Financial's private equity arm, posted a net profit of 58.6 million pounds in the same period last year. ($1 = 5.982 Egyptian Pounds) (Reporting by Shaimaa Fayed)
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Operation Somalia: The U.S., Ethiopia and now Kenya
Ethiopia did it five years ago, the Americans a while back. Now Kenya has rolled tanks and troops across its arid frontier into lawless Somalia, in another campaign to stamp out a rag-tag militia of Islamist rebels that has stoked terror throughout the region with threats of strikes.
Could Islamist rebels undermine change in Africa?
Creeping from the periphery in Africa's east and west, Islamist militant groups now pose serious security challenges to key countries and potentially even a threat to the continent's new success.
The children of Dadaab: Life through the lens
Through my video "The children of Dadaab: Life through the Lens" I wanted to tell the story of the Somali children living in Kenya's Dadaab. Living in the world's largest refugee camp, they are the ones bearing the brunt of Africa's worst famine in sixty years.
Who among the seven longest serving African leaders will be deposed next?
Several African leaders watching news of the death of Africa 's longest serving leader are wondering who among them is next and how they will leave office.
Were NATO strikes on Gaddafi's home town justified?
Defence secretary, Liam Fox, sounded a little scripted in Misrata at the weekend when I asked him whether NATO's airstrikes in Muammar Gaddafi's home town of Sirte were staying within its remit to protect civilians in Libya.
Was South Africa right to deny Dalai Lama a visa?
Given that China is South Africa's biggest trading partner and given the close relationship between Beijing and the ruling African National Congress, it didn't come as a huge surprise that South Africa was in no hurry to issue a visa to the Dalai Lama.
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