Home The BuzzBusiness briefing: 30 May 2013

Business briefing: 30 May 2013
ENAR

by Executive Staff

Economic and Policy Syria’s oil production has crashed to 20,000 barrels per day, or 5 percent of its prewar output, Oil Minister Sleiman Abbas said. More from AFP Egypt is failing to carry out privatization policies that could help rebuild the economy.   More from Reuters Oman’s government is considering a proposal to issue dollar-denominated sovereign bonds sometime in 2014, which could lead to regular debt sales in the future. More from Reuters   Companies and Business Islamic Development Bank (IsDB), a Jeddah-based multilateral institution, raised $1 billion from the sale of a five-year Islamic bond, or sukuk, at par on Wednesday, overcoming a sell-off across global credit markets. More from Reuters Abraaj Group, the Dubai-based private equity firm with $7.5 billion in assets, is among Gulf investors targeting acquisitions in North Africa as a surging population boosts demand for products from health care to food and banking. More from

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