Bloomberg Qatar Investment Authority, the sovereign wealth fund of the Middle Eastern country, bought a 9.9 percent interest in Empire State Realty Trust, owner of New York’s Empire State Building. The fund purchased 29.6 million newly issued Class A common shares at $21 each, and will have a 9.9 percent economic and voting interest in the real estate investment ...

  WAM Two financing agreements, with a value of more than US$ 1 billion, were signed on Tuesday between the Government of the Kingdom of Bahrain and the Kuwait Fund for Arab Economic Development (KFAED). Sheikh Ahmed bin Mohammed Al Khalifa, the Bahraini Minister of Finance, and Hamad Suleiman Al Omar, Deputy Director-General of the Fund, signed the agreements, which ...

  Reuters Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65 percentof their actual cost during the 2016/17 fiscal year, two government sources said. Struggling to revive its economy after an uprising in 2011 shook investor confidence and drove tourists and foreign investors away, Egypt has been trying to cut spending ...