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  • Saudi succession

    Saudi succession in spotlight after new heir named

    The issue is whether the line of succession will continue along a diminishing line of brothers born to the kingdom's founder or move down a generation at a time of unprecedented upheaval in the Middle East.

    June 20, 2012 1:30
  • Saudi-women-lift-driving-ban

    Saudi women renew calls to lift driving ban

    A group of Saudi activists are calling on women to get behind the wheel next week in defiance of a ban on female drivers, reviving a campaign that petered out last year.

    June 20, 2012 12:30

    Egypt’s Mubarak unconscious, on respirator

    Egypt's ousted President Hosni Mubarak, jailed for life this month and who has been hospitalised for more than a year, is unconscious and on a respirator but is not clinically dead, two security sources told Reuters on Tuesday.

    June 20, 2012 11:52
  • 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