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Egypt to sell short-term dollar debt in March

Egypt to sell short-term dollar debt in March

Egypt plans to offer US-dollar certificates of deposit (CD) to Egyptians living abroad at the beginning of March to help it raise foreign currency, al-Borsa newspaper on Tuesday quoted Finance Minister Mumtaz al-Saeed as saying.

February 21, 2012 4:18
 
UAE’s Aldar swings to profit on govt land sales

UAE’s Aldar swings to profit on govt land sales

Aldar Properties, bailed out twice by Abu Dhabi with rescue packages totalling over $10 billion, swung back into profit in 2011 on the back of land sales to the government and increased residential sales.

February 14, 2012 2:41
 
Egypt to sell land to citizens abroad to get cash

Egypt to sell land to citizens abroad to get cash

Egypt's cash-strapped government has approved a plan to raise $3 billion by selling state land to Egyptians living abroad, a government minister told reporters on Wednesday.

February 2, 2012 1:30
 
Egypt’s transition tested by security breakdown

Egypt’s transition tested by security breakdown

As Egypt builds its democracy identity amid lack of security that may hurt the country’s fragile economy and is prompting even citizens to buy their own firearms.

May 19, 2011 1:40
 

Dubai: $31 billion of real estate in first five months

Land department confirms figures from January through to May.

June 23, 2010 2:23