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  • Iran Nuclear Programme

    Iran nuclear talks resume in nervous atmosphere

    Six powers demand concession from Iran over nuclear work; No breakthrough seen in Moscow, talks likely to continue; Israel threatens air strikes, West tightens sanctions

    June 18, 2012 11:10
  • Eni-Snam

    Sovereign funds tell Eni interested in Snam stake

    Italian oil and gas major Eni has received expressions of interest from sovereign funds for a 22.5 percent stake in Snam that it must sell to exit investment in the gas grid operator, an Eni source said on Sunday.

    June 18, 2012 10:53
  • Arab-monetary-fund-in-65-million-loan-to-Egypt

    Arab monetary fund in $65 million loan to Egypt

    The Arab Monetary Fund (AMF) said on Sunday it was arranging a $65 million credit facility for Egypt to help the country trade with other Arab states, as political instability threatens Cairo with a balance of payments crisis.

    June 18, 2012 10:41
  • EFG-QInvest tie-up

    EFG Hermes says QInvest deal is legally binding

    A tie-up between Egyptian investment bank EFG Hermes and Qatar'sQInvest, approved by EFG shareholders on June 2, is legally binding and can only be reversed through legal action, EFG said on Tuesday.

    June 12, 2012 5:46