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  • Central Bank of Egypt

    Egypt sells more dollar T-bills than it sought

    Egypt's central bank said it sold $526 million in one-year U.S.-dollar-denominated treasury bills on Tuesday, more than the $500 million it originally sought.

    June 19, 2012 5:30
  • saudi-riyal-sukuk

    Islamic development bank prices $800 million 5-year sukuk

    Sukuk size increased to $800 mln from $750 mln; Sukuk carries profit rate of 1.357 pct; Saudi-based IDB is rated AAA.

    June 19, 2012 5:28
  • UAE-economy-minister-cuts-2012-GDP-growth-outlook

    UAE feels no pressure to issue bonds

    The government of the United Arab Emirates will further discuss its plan to introduce a law allowing public debt issues at the federal level, and it feels no pressure to issue bonds despite a budget deficit, Obaid Humaid al-Tayer, Minister of State for Financial Affairs, said on Tuesday.

    June 19, 2012 5:26
 
  • India BPCL

    India’s BPCL starts rupee payments for Iran oil

    Indian state-run refiner makes its first rupee payment for Iran oil; Payment, equivalent to $482.19 mln, in settlement of last year's imports; Other Indian refiners expected to follow suit this week or the next

    June 19, 2012 5:25
  • Fujairah fuel storage

    Iran to add 1.1 billion litres oil production storage by 2013

    Iran plans to increase its oil products storage capacity by 1.1 billion litres (6.9 million barrels) by next March, oil ministry news service Shana said on Tuesday.

    June 19, 2012 5:23
  • Zain Sudan

    Dollar shortage, tax hikes hurt Sudan Telcos

    Higher taxes and mounting competition are also posing challenges for the African country's three major telecoms players as they battle to tap the potential of a relatively underpenetrated market.

    June 19, 2012 5:20
 
 
  • HSBC

    Fitch cuts HSBC bank Middle East VR rating

    Fitch has cut HSBC Bank Middle East's viability rating (VR) one notch because of asset quality concerns, while keeping its long-term default rating at 'AA-', one notch below the main HSBC group.

    June 19, 2012 10:18
 
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