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saudi stocks; middle east stock market

Saudi Arabia Returns to Eurobond Market as Gulf Tensions Ease

(Bloomberg) --Saudi Arabia is set to issue its first Eurobond of the year as tensions in the Middle East over the U.S.’s assassination of...

Ex-Barclays Banker Boath Won’t Testify in Qatar Fraud Trial

(Bloomberg) --Former Barclays Plc executive Richard Boath won’t testify in his U.K. trial, where he’s accused with two colleagues of hiding payments to Qatar...

Al Shaibani to Head Dubai Palm-Shaped Island Developer Nakheel

(Bloomberg) --Top government official Mohammed Al Shaibani will take over as chairman of the Dubai-based palm-shaped island developer Nakheel PJSC, replacing Ali Lootah. Al Shaibani,...

Davos Pushes ‘Greener’ Fuel for Private Jets Leaving World Economic Forum 2020

(Bloomberg) --Private jets flying into Davos this week for the World Economic Forum will be able to fill their tanks with fuel designed to...

IMF Trims Global Economic Outlook, But Tones Down Risk Warnings

(Bloomberg) -- The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly weaker pace than previously anticipated amid...

Qatar’s Intervention Saved Lekoil From $10 Million Loss in Scam

(Bloomberg) --A timely intervention from Qatar’s sovereign wealth fund saved Lekoil Ltd. from a significantly larger loss in a fake loan scam, said a...

Total, Marubeni to Invest in 800-Megawatt Qatar Solar Plant

(Bloomberg) --Marubeni Corp. and Total SA agreed to take a minority stake in a 1.7 billion-riyal ($464 million) project to build Qatar’s first solar...

Boeing Gets a Tough Message From a Big Buyer: Drop 737 Max Name

(Bloomberg) --Boeing Co. should rename its 737 Max to help deflect travelers’ safety concerns once the grounded jet returns to the skies, according to...

Nakheel Chairman Ali Lootah to Leave After 10 Years In Role

(Bloomberg) --Nakheel PJSC Chairman Ali Lootah, who steered the Dubai state-owned developer through a $10.5 billion debt restructuring, is leaving after 10 years in...
DP world

DP World CEO Is Bullish About Africa and Sees Growth in India

(Bloomberg) -- DP World Ltd. sees growth opportunities in Africa and India, according to Chief Executive Officer Sultan Ahmed bin Sulayem. “I’m very bullish about...