Market Updates - 5 Apr

Egypt

 

MP: Egypt’s biggest Parliament Bloc may reject IMF Loan

 

Shater: Application of Islamic law is ultimate goal

 

Egypt receives EGP2 billion in deferred taxes in March 2012

 

Plan to sell debt to citizens abroad delayed

 

Voter registration for Egyptian expats extended until April 11th

 

Saudi Arabia

 

Saudi Aramco raises Arab Extra Light price for May 2012, cuts most others

 

SAMA to keep rates unchanged in April 2012

 

UAE

 

UAE central bank is studying mortgage law

 

Abu Dhabi said to delay completion of upper Zakum Oil until 2016

 

Dubai DIC reaches deal on USD2.5 billion debt, appoints new board

 

Dubai Land Department to auction up to 80 properties

 

Majid Al Futtaim sees retail sales rising between 15% to 20% in 2012

 

Qatar

 

Qatar Central Bank sells T-bills at average yield of 2%

 

Qatar Railways to issue tenders for 45 metro stations in first phase

 

CBQ issues USD500 million 5 year notes successfully, 6.6x oversubscribed

 

Mazaya to build new QAR432 million mall

 

Bahrain

 

Batelco CEO says expanding internationally is key; group aims to carry out at least one acquisition this year

 

 

Printed from the Beltone Financial website

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