Reuters Kuwait National Petroleum Co (KNPC) expects to finalise a loan of well over $5 billion to finance its Clean Fuels project by the end of the first quarter of next year, sources involved in the project said. The state-owned refiner had originally said it planned to complete the fundraising, one of the world’s largest-ever loans backed by export ...

  Reuters Saudi Oger has begun talks with potential buyers for its 20.93 percent stake in Arab Bank in a deal that could raise about $1 billion for the embattled construction giant, sources aware of the matter said. Oger was one of two large Saudi contractors charged with implementing the kingdom’s grand infrastructure plans before the fall in oil prices ...

  Bloomberg The UK dropped out of businesses’ top five locations for investments for the first time in seven years as fears about the country’s plans to exit the European Union added complexity to international deals, consultants Ernst & Young LLP said in a survey of executives. British businesses rank behind investments in the US, China, Germany, Canada and France, ...