Bloomberg A study of Kenya’s telecommunications industry proposes breaking up Safaricom Ltd., the country’s biggest company, according to brokerage AIB Capital Ltd. The report compiled by Analysis Mason proposes “a raft of measures supposed to level the telecommunications playing ground and tame Safaricom,” AIB Chairman Linus Gitahi said in an opinion article published Wednesday in the Nairobi-based Daily Nation ...

  Bloomberg Citigroup Inc. is in advanced discussions for a banking license in Saudi Arabia, returning after a more than 10-year absence from the kingdom, as the bank looks for ways to capitalize on financial reforms, according to people familiar with the matter. The New York-based bank has started sounding out potential staff in expectation that the license application will ...

  Reuters Annual growth in Saudi Arabian bank lending slowed in January to its lowest level in nearly seven years, official data showed, a sign of weak corporate demand but also improving liquidity in the economy. Bank loans to the private sector rose just 1.8 percent from a year earlier, compared to 2.4 percent in December, the central bank said. ...