Asian shares hit by rising Russia-Ukraine tensions
The downbeat atmosphere was compounded in some markets by another disappointing set…
Building a gateway to the future
By Sunil Veetil, Regional Head of Payments and Cash Management, HSBC Middle…
Egypt bourse retreats on political uncertainty
Reuters - Egypt’s bourse retreated because of uncertainty over the timing of…
Egyptian Pound flat in official and black market trade
Reuters - The Egyptian pound was steady at a central bank foreign…
Arabtec denies plans to acquire Kuwait’s Kharafi National
Reuters - Dubai builder Arabtec on Wednesday denied that it planned to…
Boundless natural gas, boundless opportunities: Interview with EIA chief
The Energy Information Agency (EIA) has predicted that natural gas production in…
Moody’s says Egypt banking sector outlook still negative
Moody’s cited “banks’ high and increasing exposure to Caa1-rated Egyptian government debt”,…
Dodgy data obscures reality of Gulf’s economic boom
Reuters – Saudi Arabia’s economy chugged along at modest annual growth rates…
UAE’s ADCB to price $750m 5-year bond
Reuters - Abu Dhabi Commercial Bank has set final terms for a…
Dubai’s Arabtec in talks to buy Kuwaiti firm
Reuters - Arabtec Holding, Dubai’s largest listed construction firm, is in the…