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Egypt to hire Citigroup to weigh stake sale in Lender AAIB

Bloomberg Egypt has appointed Citigroup Inc. as financial adviser to help with a potential sale of its stake in Arab African International Bank, according to people familiar with the matter. Central bank authorities are still determining the size of the holding they want to sell and whether to pursue an initial public offering or a sale to a third party, ...

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North Dakota oil production drops below 1mn barrels a day

  AP North Dakota’s oil production dropped below 1 million barrels per day for the first time in more than two years, officials said Thursday — yet another reminder that the drilling boom is over in the country’s No. 2 oil state due to the slump in world oil prices. The state produced an average of 981,039 barrels of oil ...

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Jordanians protest against gas deal with Israeli partners

  Bloomberg Hundreds of Jordanians took to streets of Amman to protest a $10 billion gas deal recently reached between Natural Electric Power Co. of Jordan and partners in Israel’s Leviathan field. The demonstrators carried banners stating “Israeli gas is an occupation” and “To our government, you do not represent us,” while some wore red T-shirts with the slogan “Enemy ...

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