Analysis: With bulging cash balances, sovereign funds set for deals
SINGAPORE/DUBAI: Global sovereign wealth funds are set to hasten investing the…
Egypt must foster private investment, report suggests
CAIRO: Egypt must focus on economic reform and foster private investment, according…
S. Sudan warns Khartoum against ‘economic warfare’
JUBA: South Sudan urged the Khartoum government on Monday not to start…
Jabbar invests more into Middle East daily deal web site Cobone.com
Daily deal website Cobone.com has raised an undisclosed amount of second-round funding…
Dow Chemical, Saudi Aramco agree on joint venture
DUBAI: Dow Chemical Co. and the Saudi Arabian Oil Co. outlined plans…
Lebanon’s Blom bank H1 profit up 4.6 percent
BEIRUT: Lebanon's BLOM Bank posted first-half net profit of $163.56 million, up…
Egypt to offer LE 3 bln in 3-yr bonds
CAIRO: Egypt's Finance Ministry will offer LE 3 billion ($503 million)…
Egypt sells entire LE 2 bln in 91-day T-bills
CAIRO: Egypt's central bank said it sold LE 2 billion ($335.49 million)…
GCC banks gearing up for new growth phase
Prior to the emergence of the global economic crisis, Gulf Cooperation Council…
Gulf markets track global fall, unrest hits Egypt
DUBAI/CAIRO: A drop in global shares weighed on Gulf markets on Monday,…