Bank revises growth forecasts downwards for several countries. 

Sovereign prices first dollar issuance since 1996.

Asset manager PineBridge announces Manama office while Fitch reaffirms sovereign’s rating. 

Mumtalakat CEO praises "robust financial performance" despite widening losses.

Private companies were previously hamstrung by political and economic conditions, says bank president.

Foreign direct investment (FDI) into Africa has more than doubled since 2003 and most global executives believe the continent’s reputation as a business location has improved.

Moody's changes Azerbaijan's sovereign debt to Baa3 stable.

Fund makes final US$133mn payment under 27-month stand-by arrangement.

Credit rating agency Moody's Investors Service could upgrade Mauritius.

LTRO initiative is only “buying time”, says equity analyst. 

Lagarde praises social progress but says challenges remain.

EFSF sees strong demand for bond to boost Ireland and Portugal assistance.