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MSCI stirs market fears about Greece, EgyptMSCI, the most widely used equity index provider, prompted market fears about both Greece and Egypt on Wednesday, after demoting the former and then raising concerns about getting money out of the latter. MSCI redesignated Greece More… |
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Greece passes law to spur investment, tourismThe Greek parliament approved legislation late on Thursday to boost private investment, a key condition to get the crisis-struck country out of its worst-ever peacetime recession. The new investment incentive law aims to cut red t More… |
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Blame the Euro, not CyprusCo-CEO and co-founder of Saxo Bank, Lars Seier Christensen believes that the real problem is not Cyprus, it is the Euro, as he has written in his latest blog post. After a few disturbing weeks, I would like to wrap up my comments More… |
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Qatar ‘rejoins bid to develop Greek airport’Qatar has rejoined a public competition to develop the former Athens airport, one of the prized sites of Greece's privatisation drive, a Greek spokesman said. The emirate "has signed the confidentiality agreement and is r More… |
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Qatar to invest $1.34bn in smaller Greek firmsQatar has pledged to invest up to 1 billion euros ($1.34 billion) in Greek companies, money which could help Greece recover from its debt crisis. The agreem More… |
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Qatar eyes investment in Greece defence firmsQatar is interested in Greek defence companies being privatised and could submit investment plans when Prime Minister Antonis Samaras visits the country early next year, Greece's defence minister said on Monday. More… |
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Burgan wins approval to acquire Turkish bankKuwait’s Burgan Bank said it has won approval from Turkey's Banking Regulation and Supervision Agency (BRSA) on a share purchase agreement with Eurobank EFG, the third largest bank in Greece to acquire leading Turkish More… |
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EU eyes Greece deal; debt write-off key problemEuro zone finance ministers and the International Monetary Fund (IMF) will seek to unfreeze the second bailout package for Greece on Monday, but they first need to agree if some of the official loans to Athens might eventually be forgiven to cut More… |
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Lenders closer to Greece dealThe International Monetary Fund has relaxed its debt-cutting target for Greece and only a 10 billion euro ($13 billion) gap remains to be filled for a vital aid installment to be paid, Greece's finance minister said. But other More… |
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Drydocks World, Greek firm discuss tie-upDubai's ship building unit Drydocks World said it held extensive discussions with senior officials of Samos Steamship, a leading ship managing company in Greece, on future co-operation in several areas of mutual interest during their recent More… |
