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  • Talaat Moustafa Group's

    Egypt’s TMG says first half net drops 11 percent

    Egyptian property developer Talaat Moustafa reported first-half net income of 328.8 million Egyptian pounds ($54.11 million) on Wednesday, down 11 percent from the same period a year earlier.

    August 8, 2012 4:25
  • China ICBC

    China’s ICBC wins Saudi branch licence

    Saudi Arabia has decided to let Industrial and Commercial Bank of China, the largest Chinese commercial bank, open a branch in the country, a sign of growing economic ties between the world's top oil exporter and second-biggest oil consumer, local media said.

    August 8, 2012 4:24
  • 200-qnb

    Qatar national bank signs $1.8 billion loan

    Qatar National Bank, the Gulf Arab state's largest lender, signed a $1.8-billion three-year loan after completing a syndication process orchestrated by five international banks, it said on Wednesday.

    August 8, 2012 4:21
 
 
 
  • Crude_Oil_Pump_Jack

    Yemen cuts October Masila crude OSP to $0.13 a barrel

    Yemen has set the official selling price of its Masila crude for loading in October at a premium of $0.13 a barrel to dated Brent, down 39 cents from the previous month, its government said late on Monday.

    August 7, 2012 11:00
 
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