Tag: Reuters

Egypt sells 1-year dollar bills, yields fall from last month

Reuters - The Egyptian government sold $1.1bn of one-year dollar treasury bills…

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UAE Telco Du agrees terms on $720m loan financing

Reuters - UAE telecom firm du has agreed terms on a $720m…

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Merkel, Hollande to discuss European communication network avoiding US

Merkel said in her weekly podcast that she disapproved of companies such…

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Zain Bahrain IPO moves closer with notice in government gazette

Zain Bahrain missed a 2013 deadline to do so, but a source…

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Yemen gas price pressure mounts on France’s Total

Total’s leading role in building the $4.5bn Yemen LNG export plant in…

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UAE bourses should unify back offices even without merger: ADX CEO

Fund managers and analysts have said consolidating back office operations of the…

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Citadel Capital says completes $530m investments

Reuters - Egyptian private equity firm Citadel Capital said on Sunday it…

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MidEast Stocks: CIB’s strong earnings lift Egypt; Aldar drags down Abu Dhabi

Reuters - Egypt’s bourse rose on Wednesday as the country’s biggest listed…

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CIB posts 29% rise in Q4 net profit

The bank’s revenues for the fourth quarter rose by 15% to EGP…

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Fitch: Egypt’s ratings stabilised but rapid recovery unlikely

Egypt’s Long-term ratings of ‘B-’ are low and reflect substantial risks and…

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