Bloomberg The US will dominate global oil markets for years to come, satisfying 80 percent …
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Saudi Arabia, Egypt sign $10 bn mega-city deal
CAIRO / Reuters Saudi Arabia and Egypt set up a $10 billion joint fund to …
Read More »Saudi Arabia’s ACWA Power selects JPMorgan, Citigroup for IPO
DUBAI / Reuters Saudi Arabia’s ACWA Power has selected JPMorgan, Citigroup to arrange the initial …
Read More »Bank of Japan has tools for stimulus exit in stable manner
Bloomberg The Bank of Japan has the tools to eventually exit its record monetary easing …
Read More »IDB to launch $2.5bn benchmark sukuk soon
LONDON / Reuters The Islamic Development Bank (IDB), the largest development organisa-tion in the Muslim …
Read More »Barclays’ partnership with India post office pays off
Bloomberg Barclays Plc’s attempts to scale up its cash management business in India via a …
Read More »Sticky inflation mars Nigeria’s rate-cut hopes
Bloomberg Nigeria’s long-awaited interest rate-cutting cycle risks being short-lived, if it starts at all. Governor …
Read More »Collapse in Asia’s favoured bonds drives biggest bank away
Bloomberg How have the mighty fallen. A year ago foreign funds including Franklin Templeton Investments …
Read More »Emirates upgrades business class cabin on its Boeing 777
Dubai / Emirates Business Emirates has unveiled a brand new Business Class cabin and configuration …
Read More »Walmart takes on food chains by adding meals
Bloomberg Walmart Inc. will start offering prepared meals at its stores for the first time, …
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