WAM Bahrain experienced a pronounced pick-up in its headline growth during the first quarter of the year. According to the latest Bahrain Economic Quarterly (BEQ) issued by the Economic Development Board (EDB), growth reached 4.5%, its highest level since 2014, led by the 12.1 percent year-on-year growth in the oil sector. According to Bahrain News Agency, the report also …

  WAM Oil exports from the eastern Libyan terminal of Hariga have resumed after a pay protest by guards ended, but production at the major eastern oil field of Sarir would remain suspended, officials said on Wednesday. Port director Yassin Ahmed said a Maltese-flagged tanker had docked at Hariga after guards had been promised two years of unpaid wages, and …

  Reuters Barclays has begun a formal process to sell its Egyptian unit, with at least two banks from the Middle East and North Africa region expressing interest in the business, sources familiar with the matter said. The UK-based lender is offloading its Africa unit as part of a plan by Chief Executive Jes Staley to simplify its structure and …