Tag: Business

Asian shares hit by rising Russia-Ukraine tensions

The downbeat atmosphere was compounded in some markets by another disappointing set…

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Building a gateway to the future

By Sunil Veetil, Regional Head of Payments and Cash Management, HSBC Middle…

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Egypt bourse retreats on political uncertainty

Reuters - Egypt’s bourse retreated because of uncertainty over the timing of…

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Egyptian Pound flat in official and black market trade

Reuters - The Egyptian pound was steady at a central bank foreign…

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Arabtec denies plans to acquire Kuwait’s Kharafi National

Reuters - Dubai builder Arabtec on Wednesday denied that it planned to…

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Boundless natural gas, boundless opportunities: Interview with EIA chief

The Energy Information Agency (EIA) has predicted that natural gas production in…

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Moody’s says Egypt banking sector outlook still negative

Moody’s cited “banks’ high and increasing exposure to Caa1-rated Egyptian government debt”,…

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Dodgy data obscures reality of Gulf’s economic boom

Reuters – Saudi Arabia’s economy chugged along at modest annual growth rates…

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UAE’s ADCB to price $750m 5-year bond

Reuters - Abu Dhabi Commercial Bank has set final terms for a…

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Dubai’s Arabtec in talks to buy Kuwaiti firm

Reuters - Arabtec Holding, Dubai’s largest listed construction firm, is in the…

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