EFG | Al Bawaba

EFG latest

Fundraising in the region has dried up this year after the drop in oil prices affected demand for new public offerings. (File photo)

September 7th, 2016 - 06:00 GMT

IMG Worlds of Adventure owners consider financing options as cheap oil bites

The owners of the world's largest indoor theme park is considering an IPO in 2017, buoyed by the successful financing efforts of rival Dubai Parks and Resorts.

Al Bawaba

July 24th, 2015 - 08:44 GMT

Egypt targets economic growth of nearly 5 percent in first quarter

Al Bawaba

February 4th, 2015 - 07:00 GMT

Wealth in the land of Arab Spring: Egypt's top ten richest men in 2014

In August, the capital market rose to the 9,000 points for the first time since 2008.

October 13th, 2014 - 03:55 GMT

Shedding the pounds: Egypt's stock market loses almost $2 billion

One of the two largest gas fields in Israel, Tamar was discovered in the eastern Mediterranean in 2009 and holds an estimated 10 Tcf of gas.

May 7th, 2014 - 08:36 GMT

A cruel role reversal: Israel to export Tamar gas to Egypt

Saudis pin great hopes on the new fiscal budget for 2014, which is expected to be announced next week. They are optimistic the new budget would make allocations for more welfare projects across the country.

December 14th, 2013 - 10:56 GMT

Again and again: Saudi Arabia pinning its hopes to a massive budget surplus

Real estate is one of the key sectors driving Dubai's growth. (Image credit: Shutterstock)

November 7th, 2013 - 05:48 GMT

Key sectors contribute to record UAE GDP growth

Kuwaiti energy analyst Kamil Harami sees the harm of shale production coming sooner for oil-producing Gulf Arab nations, along with Iraq.

September 25th, 2013 - 12:41 GMT

Should the Gulf be freaked out by the US shale boom?

"For example, if you are dressed in a formal suit, you will get a kilogram (kg) of tomatoes for LE5, but if you send your doorman in his robe to buy some, he will get it for LE3.5 or LE3," Diab added.

September 25th, 2013 - 07:26 GMT

Egypt's new government to extend its control over fruits and vegetables

It did not say how much currency it actually sold

May 23rd, 2013 - 10:57 GMT

Egypt manages through the bottleneck, 2nd currency auction succeeds

Egypt is likely to accept proposed interest rates on Qatar's bond-buying

April 30th, 2013 - 07:41 GMT

Egypt likely to accept interest rates on Qatar bond buying

Egypt's Central Bank auctioned of $600 million to cover key imports yesterday

April 15th, 2013 - 07:35 GMT

Egypt's Central Bank sells banks $600 million to cover key imports

Egypt eyes rising electricity prices as potential cure for summer power cuts

April 9th, 2013 - 08:20 GMT

Egypt using price increase to cool energy use