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    Could oil production from the US rival Saudi Arabia?

    John Kemp asks whether the oil production from the Bakken formation in North Dakota and Montana rival output from Saudi Arabia's supergiant Ghawar oilfield, the greatest oil-bearing structure the world has ever known?

    November 12, 2012 6:52
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    Egypt may struggle to meet Islamic finance target

    Una Galani says the only way to give Islamic finance a big boost in Egypt would be to issue new banking licences and offer tax incentives to institutions managing Islamic funds

    November 12, 2012 6:46
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    Why traders in MENA are afraid of non-repayment

    Uncertainty over the global economy is increasingly prompting Middle Eastern companies to use financial instruments which offset the risk of non-payment by foreign trade partners, HSBC's regional commercial banking head said.

    November 12, 2012 6:41
 
  • Gulf Investment Corp picks banks for possible bond – leads

    Gulf Investment Corp picks banks for possible bond – leads

    Gulf Investment Corp, a financial institution owned by the six nations of the Gulf Cooperation Council, has picked four banks to arrange investor meetings ahead of a potential bond sale, lead arrangers said on Monday.

    November 12, 2012 6:34
  • Egypt getting ready for IMF deal this week

    Egypt getting ready for IMF deal this week

    The Egyptian government expects to sign a memorandum of understanding with the International Monetary Fund for a $4.8 billion loan before an IMF negotiating team leaves Cairo on Wednesday, Finance Minister Mumtaz al-Said said.

    November 12, 2012 6:33
  • Updates on UAE oil concessions expected next week

    Updates on UAE oil concessions expected next week

    BP Plc, shut out of pre-qualifcation bidding to develop Abu Dhabi's largest onshore oil fields, hopes to hear soon whether it can participate in the process, Chief Executive Bob Dudley said on Sunday.

    November 12, 2012 6:31
 
 
  • Orascom Telecom says to upgrade Pakistan mobile network

    Orascom Telecom says to upgrade Pakistan mobile network

    It signed a five-year agreement with China's Huawei Technologies Co Ltd and France's Alcatel-Lucent to design, purchase, deploy and maintain the next-generation mobile network equipment and supporting services.

    November 11, 2012 2:07
 
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