MidEast Stocks: Egypt surges after Sisi cleared for presidency vote; UAE markets rebound
Sentiment was also helped by Finance Minister Ahmed Galal saying the interim…
Turkey’s central bank signals crisis rate rise
The bank also raised its outlook for inflation.
Egyptian bank says lining up first IPOs since Mubarak era
The last IPO on the Egyptian exchange was in 2010.
Egypt’s growth to miss forecasts
Reuters - Egypt’s economy will only grow by 2.0% in the fiscal…
OPEC producer UAE considers importing North American gas
Reuters - The United Arab Emirates, a Gulf OPEC oil producer, said…
Abu Dhabi residential real estate rebounds strongly in 2013
Abu Dhabi’s real estate market slumped about 50% from its peak in…
Turkey ramps up lira defence with central bank crisis meeting
The lira rallied slightly shortly after the announcement.
Egypt’s “new normal” aids financial market rebound
Egypt’s economy was growing at about 6% annually for several years before…
BG Group downgrades 2014 and 2015 guidance
Guidance for 2014 “disappointing” due to ongoing problems in Egypt
Buyers’ market for oil companies in Davos
Oil prices peaked at $147 a barrel in 2008 amid growing fears…