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  • Egyptian

    Egypt to offer bonds worth 3.5 billion Egyptian pounds

    Egypt's Ministry of Finance will offer 3.5 billion Egyptian pounds ($575.99 million) in three-year, five-year and seven-year bonds at an auction on Aug. 16, the central bank said on Monday.

    August 14, 2012 11:30
  • Saudi Electricity

    Saudi Electricity signs 700 million riyals power deals

    State-owned Saudi Electricity Co is splashing out hundreds of millions of riyals to improve its power distribution network, after thousands of people suffered blackouts last month including some in two of the kingdom's biggest cities Jeddah and Riyadh.

    August 14, 2012 10:50
  • UAE's Emal

    UAE’s Emal seeks $4 billion expansion financing

    Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium, has approached banks to arrange $4 billion in financing to expand its smelter, Project Finance International (PFI) said on Monday.

    August 14, 2012 10:20