Market Updates - 27 March
Egypt
Muslim Brotherhood names three possible presidential candidates from within their group
Leading MB member opens talks with constituent assembly members who recently resigned
Official: Fuel crisis expected to continue until mid-May
Turkish companies ready to pump over USD1 billion into Egyptian investment projects in next few years
EFG Hermes and QInvest look to create strategic alliance
NSGB announces dates for its cash dividend distribution
Saudi Arabia
ALKHODAR signs SAR67 million contract
UAE
Abu Dhabi Sovereign Fund invests USD2 Billion in Batista’s EBX
Abu Dhabi eyes USD524 million sale of Aon London HQ
UAE earmarks AED150.36 million for e-governance
UAE spending on medicine is expected to reach AED4 billion in 2012
Depa posts AED59 million profits for FY2011
ENBD approves 20% cash dividend distribution in its AGM
UK in talks to sell part of RBS stake to Abu Dhabi
ADCB’s board hold its meeting in India, reaffirms commitment to Indian market