CAIRO / Reuters Egypt is hoping that long-awaited regulations approved to its new investment code will draw in fresh and needed cash from abroad as the country pushes ahead with reforms. Investment Minister Sahar Nasr told Reuters in an interview that the law could now be active within days. “Establishing (a company) will literally now take hours. It used to ...

Bloomberg Sempra Energy is the mystery third bidder for Oncor Electric Delivery Co. that’s competing with Warren Buffett’s Berkshire Hathaway Inc. and Paul Singer’s Elliott Management Corp., according to people familiar with the matter. San Diego-based Sempra has made a $9.3 billion offer for the Texas utility, said the people, who declined to be identified because the matter is not ...

DUBAI / Reuters Saudi Arabia’s central bank said it had not banned trading of the Qatari riyal since Riyadh cut diplomatic ties with Doha, and said visiting Qatari citizens could exchange their currency. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic and transport ties with Qatar on June 5, accusing Doha of backing terrorism, which Qatar denies. ...