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Zain Group H1 results hit by Sudanese pound devaluation

2017-08-07 09:17:00| Telecompaper Headlines

(Telecompaper) Zain Group said revenues decreased by 8 percent to KWD 508 million for the first six months to 30 June. EBITDA for the period reached KWD 212 million, down 17 percent year-on-year, giving an EBITDA margin of 41.7 percent. Net income remained stable at KWD 82 million, and earnings per share for the half-year stood at KWD 0.21. The Middle East mobile operator ended the period with 45.2 million customers. 

Tags: results group hit pound

 

Volkswagen Group launches trade-in incentive for Euro 1 - Euro 4 diesels; pan-European software update for Euro 5 and some Euro 6 diesels

2017-08-05 11:55:39| Green Car Congress

Tags: some software group update

 
 

Rewe Group signs off sustainable textiles action plan

2017-08-04 16:11:00| Daily apparel & textile news and comment - from just-style.com

As part of its commitment to the Partnership for Sustainable Textiles, German retailer Rewe Group has unveiled a new action plan designed to improve working conditions at textile suppliers and increase the proportion of its textiles manufactured from sustainable cotton.

Tags: group plan action signs

 

Honeywell Integrates Nextnine Into Industrial Cybersecurity Group

2017-08-04 03:35:00| Chemical Processing

Honeywell completes acquisition of Nextnine Ltd.

Tags: group industrial integrates honeywell

 

Business group urges cabinet to agree on Brexit transition

2017-08-04 02:20:29| BBC News | Business | UK Edition

The Institute of Directors called on the cabinet to stop "dancing around the edges" of Brexit.

Tags: business group agree transition

 

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