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Egypt to Offer 3 Billion Pounds in Reopened Bonds

Egypt to Offer 3 Billion Pounds in Reopened Bonds

Egypt's Ministry of Finance will offer 3 billion Egyptian pounds ($494.7 million) in reopened bonds at an auction on April 30, the central bank said on Monday.

April 23, 2012 4:23
 
Commercial Bank of Qatar Q1 Profit Rises 5.6 Percent

Commercial Bank of Qatar Q1 Profit Rises 5.6 Percent

The Commercial Bank of Qatar (CBQ) posted a 5.6 percent jump in first quarter profit on Sunday on increased lending and deposits, but still fell shy of analysts' average forecast.

April 23, 2012 9:17
 
Morocco to Raise Solidarity Tax on Firms to Help Poor

Morocco to Raise Solidarity Tax on Firms to Help Poor

Budget amendment extends reach of tax in 2012; Funds to help develop poor areas to stem discontent; two rates, depending on level of profit.

April 10, 2012 9:45
 
Egypt's Plan to Sell Debt to Citizens Abroad Delayed

Egypt's Plan to Sell Debt to Citizens Abroad Delayed

An Egyptian plan to sell certificates of deposit (CDs) - a form of debt - to its citizens living abroad to finance its deficit has been delayed because of technical problems over their issue in a single Gulf country, a minister said on Wednesday.

April 5, 2012 1:22
 
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