With oil prices remaining low, a recent report by Moody’s suggest the banks are feeling the strain.
News
Angola’s balance of payments crisis has worsened, even as the oil price begins to rebound, and the government has turned to the International Monetary Fund to help shore up its stricken public finances.
The Abraaj Group, a leading investor in growth markets, is looking towards opportunities in North Africa, as its investment in the consumer goods company makes clear.
Hornsea Project One will be the world’s first offshore wind farm to exceed 1,000MW
Ecobank Nigeria defies pessimism with US$170m syndicated loan deal
Saudi Arabia’s ACWA Power gets backing from EBRD, IFC, Banque Saudi Fransi and others.
US$250mn Qurayyat desalination plant expected to open in 2017.
National Bank of Fujairah's new business will start with retail offering before moving into corporate banking.
UAE bank to launch advisory firm for loans, M&A and restructurings.
The development bank's new director for Turkey on efforts to develop the country's capital markets.
Qatari telco raises 5-year revolving facility for general corporate purposes.