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News & Views General Egypt’s Finance Ministry offered three-year bonds maturing in 2012 in an offering worth 3 billion Egyptian pounds ($541.5 million), the central bank said on Monday. Abu Dhabi Commercial Bank launched a new investment fund named ADCB Funds FCP to raise around $100 Mn in the first year. The UAE’s local steel [...]
News & Views General § Iraq will auction off eight giant oil and gas fields on Tuesday in its first major tender since 2003, giving oil firms a foothold in a country that may hold some of the world’s largest untapped energy reserves. Winning firms must pay Iraq $2.6 billion in signature bonuses and cover [...]
