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Abu Dhabi sees oversupply challenges and now faces consolidation

Abu Dhabi sees oversupply challenges and now faces consolidation

Abu Dhabi now faces challenges as a huge supply of high-end homes are expected to enter the market. Property prices in the emirate are expected to fall another 11 percent from here, a Reuters poll showed.

March 12, 2012 1:40
 
Release of Qatar budget delayed

Release of Qatar budget delayed

The deadline for releasing Qatar's state budget for the coming fiscal year will be pushed back to the end of May because of changes to the government's accounting system and the way it prepares budgets, Qatar's state news agency said on Thursday, citing a decision by the cabinet.

March 8, 2012 3:29
 
Egypt attracts solid demand for 7-year government bonds

Egypt attracts solid demand for 7-year government bonds

Egypt attracted solid demand at an auction of seven-year treasury bonds on Monday amid optimism that foreign donors will help ease the country's fiscal crisis, traders said.

March 6, 2012 10:57
 
Libya 2012 budget spending to reach 68.5B Dinars

Libya 2012 budget spending to reach 68.5B Dinars

Libya's government budget provides for up to 68.5 billion dinars ($52.7 billion) in spending this year, as the country tries to rebuild from last year's war which ousted Muammar Gaddafi.

February 29, 2012 1:32
 
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