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Kuwait Borrows Money to Finance Budget Deficit

Kuwait Borrows Money to Finance Budget Deficit

Kuwait- Kuwait said Sunday it plans to tap the international debt market through bond issues to finance its budget deficit after recording a first shortfall in 16 years. The oil-rich Gulf state plans to “borrow up to three billion dinars ($10 billion) in...
Financial expert says Gulf investors eyeing Egypt

Financial expert says Gulf investors eyeing Egypt

Cairo, Asharq Al-Awsat—The chairman of the Board of Directors of HC Securities and Investment, Hussein Choucri, has said that investors from the Gulf region are interested in venturing into the Egyptian market and are currently considering available opportunities....