Dubai telco du signs $100 million financing deal
The financing, and other debt facilities secured recently, would give the firm flexibility to fund future growth of its business, du said in a statement on Dubai's bourse.
January 2, 2013 3:20-
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Qtel buys further $360 million stake in Tunisian telco, Tunisiana
Qatar Telecom (Qtel), the majority state-owned telecommunications operator, has agreed with the Tunisian government to buy a further 15 percent stake in that country's operator Tunisiana for $360 million.
January 2, 2013 3:11 -
UAE finally decriminalizes bounced cheques
The United Arab Emirates will stop imprisoning expatriates for writing cheques that bounce, Abu Dhabi daily The National reported on Tuesday, citing a senior official.
January 2, 2013 3:09
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Saudi to develop Midyan gas field in 2013
Saudi Arabia will develop its Midyan natural gas field in the Red Sea in 2013, Oil Minister Ali Naimi said in comments reported on Tuesday in local media.
January 2, 2013 3:06
