BRIEF-Egypt's Naeem Holding board approves capital increase
* Board approves issued and paid-up capital increase to $218.6 million from $198.7 million through bonus share issue Source: (http://bit.ly/2qvUGWl) Further company coverage: )
Feb 14 Paladin Ltd:
* For six months ended 31 December 2016, group is expected to record a decrease in profit of approximately 95%
* Decrease in profit is mainly due to one- off gain of HK$895 million arising from disposal of subsidiaries for six months ended 31 December 2015 Source text (bit.ly/2krXssQ) Further company coverage:
DUBAI, May 28 Gulf stock markets may have a soft tone in thin trade on Sunday after global oil producers agreed after the close on Thursday to extend cuts in output by nine months to March 2018.
May 26 A Lebanese man accused of trying to use his ties to Hezbollah to further a scheme to launder drug money pleaded guilty on Friday in a Brooklyn, New York federal court to a U.S. money laundering conspiracy charge.