International Finance Corp plans USD400m SME lending facility in MENA
International Finance Corp, a unit of the World Bank, is launching with several partners an investment facility worth up to USD 400 million for the Middle East and North Africa as it tries to spur lending to the region's large pool of small-and-medium-sized businesses, its chief executive said.
Egypt to return taxes collected from Qatar bank deal
Egypt will refund taxes collected from Qatar National Bank acquisition of National Societe Generale Bank to shareholders on Sunday, an official from a clearing company told Reuters.
Dubai builder Arabtec wins USD108m hospital contract in Saudi
A subsidiary of Dubai-based contractor Arabtec Holding has won a 404-million Saudi riyals (USD 107.7 million) contract to build a hospital in Saudi Arabia, the company said.