Bloomberg Qatar’s sovereign wealth fund is undergoing its biggest overhaul since 2014, grouping $100 billion of investments in local companies into a new unit and abandoning the Qatar Holding name synonymous with its highest-profile deals, people with knowledge of the matter said. About $100 billion of the Qatar Investment Authority’s stakes in companies such as Qatar Airways and Qatar ...

MANAMA / WAM Bahrain’s Economic Development Board, EDB, has said that it expects Bahrain’s Gross Domestic Product, GDP, to grow by 2.9 per cent in 2016. EDB Chief Economist, Dr. Jarmo Kotilaine, said that the forecast rate will enable Bahrain to maintain the same rate of economic growth which was achieved last year. The Bahrain News Agency, BNA, quoted Kotilaine ...

  AFP Spain and Portugal received unexpected reprieve to meet the EU limits on public deficits on Wednesday as Brussels delayed a decision to slap fines against the rule-breakers until July. The delay put off a potentially embarrassing decision for Spain until after elections on June 26 and gave more time for a new government in Portugal to get on ...