Latest Business News
UAE’s Gulf Marine Services plans London IPO
GMS plans to sell new shares worth $100m, as well as an…
Dubai’s Emaar Q4 net profit up 48%, beats estimates
Reuters – Emaar Properties, Dubai’s largest real estate developer, reported a 48%…
Egypt sells 1-year dollar bills, yields fall from last month
Reuters - The Egyptian government sold $1.1bn of one-year dollar treasury bills…
Economic improvements reflect positively on real estate: Jones Lang LaSalle
Supply for residential and retail units rose during Q4 2013, says real…
UAE Telco Du agrees terms on $720m loan financing
Reuters - UAE telecom firm du has agreed terms on a $720m…
Luxembourg bill for debut sukuk to take 2-5 months to pass
Reuters – Luxembourg’s parliament could pass a bill as soon as two…
Merkel, Hollande to discuss European communication network avoiding US
Merkel said in her weekly podcast that she disapproved of companies such…
Over 40 Sudanese companies to import Egyptian products
An electronic catalogue featuring Egyptian companies’ products was distributed to all participants…
Zain Bahrain IPO moves closer with notice in government gazette
Zain Bahrain missed a 2013 deadline to do so, but a source…
Hopes pinned on private sector as Libya economy slumps
AFP - Small businesses are prospering in Libya’s major cities even as…