Tag: Business

QNB financial services expands coverage to Saudi, Egypt, UAE

QNB Financial Services accounted for 25% of transactions in the Qatari market,…

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Italian PM says Kuwait to invest 500m euros in Italy

Reuters - Kuwait’s sovereign wealth fund will invest 500m euros ($676m) in…

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Abu Dhabi’s TAQA to build UAE desalination plant

Reuters - Abu Dhabi National Energy Company plans to build a water…

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Egypt shares slips from 4-Yr high; UAE mixed in downbeat Gulf trend

Reuters- Egypt’s benchmark index slipped 0.4%, easing off Sunday’s four-year high, as…

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Egyptian Pound strengthens fractionally, unchanged on black market

Reuters - The Egyptian pound strengthened fractionally at a central bank currency…

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Dubai’s Arabtec extends reach with giant construction order

Reuters - Dubai construction firm Arabtec clinched a $6.1bn contract on Sunday,…

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Bahrain’s Investcorp eyes extended growth after profit leap

Reuters - Bahrain-based investment company Investcorp expects 15-20% annual growth over the…

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Etihad in final due diligence stage for Alitalia stake buy

The announcement comes as Italy’s Prime Minister Enrico Letta is on a…

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Poland’s PGNiG backs out of Egypt investment

PGNiG has been looking for new sources of natural gas as Poland…

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Egypt’s Juhayna to invest $58m in 2014

Juhayna, which counts among its clients EgyptAir, Air France and several large…

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