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Monetary Fund

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
 

Mideast faces funding gap as European banks retreat

Companies in the Middle East and North Africa, which rely heavily on bank financing, will have to curtail growth plans as European lenders retrench, unless they find replacement funding sources quickly, senior bankers said on Wednesday.

October 27, 2011 2:02