Market Updates

 

Egypt

 

Egypt amends rules for PPPs to allow dispute resolution through arbitration instead of Egyptian courts

 

Muslim Brotherhood: SCAF responded negatively to 'coalition government' proposal

 

Egypt’s Muslim Brotherhood rejects US pressure over NGO issue

 

World Bank approves USD240 million loan for Giza power project

 

GB Auto denies reports that authorities will continue to tax tuktuk as a car, says it will be taxed as a motorbike. Motorbikes taxes increase by 500 bps to 15%, tariffs unchanged at 10%

 

UNB Egypt 6M2011 profit rises 24.1% y-o-y to EGP17.5 million

 

Export Development Bank's 1H2011/2012 net income falls 69.6% y-o-y

 

NSGB to release FY2011 results today after session's close

 

Saudi Arabia

 

Saudi Arabia issues tender to buy 330,000 tonnes of hard wheat

 

UAE

 

Dubai sees DIFC, Jafza debt refinancing without government help

 

RERA says Dubai property transactions up 20% to AED143 billion in 2011, expects more supply to enter in 2012 compared to 2011

 

NBAD meets European bonds investors, but not related to imminent bond issue

 

Takeaways from ENBD’s management call yesterday

 

Abraaj Capital appoints Citigroup to provide private equity fund services

 

Qatar

 

Qatar delivers 6,000 hotel rooms in 2011


Qatar LNG carrier completes its first voyage to Japan

 

Qatar Electricity and Water's net profit grows by 8.4% y-o-y, slightly below estimates

 

IQ’s Qatar Steel invests in Algerian steel venture

 

Kuwait

 

Opposition lawmaker Ahmad Al-Saadoun elected speaker

 

Wataniya Telecom reports its 4Q2011 financial results, net income up 24.1%

 

Americana posts FY2011 financial results, with net profit up 3.9% y-o-y

 

Kuwait Finance House releases FY2011 financial results

 

Oman

 

Oman Cement closes production line on concerns of non-compliance of pollution standards

 

Bank Muscat replaces director

 

Printed from the Beltone Financial website

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