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Bahrain's Arcapita Unit Files for Bankruptcy Protection

Bahrain's Arcapita Unit Files for Bankruptcy Protection

A unit of Bahrain investment house Arcapita has filed for bankruptcy protection in the United States, the company said in a statement

May 1, 2012 9:44
 
Jafza in Advanced Talks to Refinance $2 Billion Sukuk

Jafza in Advanced Talks to Refinance $2 Billion Sukuk

Dubai's Jebel Ali Free Zone (JAFZA) is in advanced talks with financial institutions over a financing package to meet its $2 billion-equivalent Islamic bond, or sukuk, maturity in November, the company said in a statement on Monday

April 30, 2012 3:26
 
IMF to visit Egypt for loan talks in late March

IMF to visit Egypt for loan talks in late March

The International Monetary Fund said on Thursday a delegation will visit Egypt later in March for discussions on an IMF lending program after Egyptian authorities recently submitted economic plans to the global lender.

March 10, 2012 5:05
 
Bahrain Fund boss quit over lack of deals

Bahrain Fund boss quit over lack of deals

The head of Bahrain's sovereign wealth fund quit over differences of strategy with the board, disappointed by its lack of deal-making as it focuses on reviving loss-making domestic assets, sources familiar with the matter said on Tuesday.

February 29, 2012 1:39
 
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