 |
Qatar's Greek bank bailout 'a strategic bet'Qatar's decision to inject 500 million euros ($704.3 million) into the newly-formed combination of Eurobank EFG and Alpha Bank, via a mandatory convertible bond, could pay strategic dividends, said experts. Qatar's little-known Par More… |
 |
Qatar to pump $704m into Greek bank mergerQatar will inject 500 million euros ($704.3 million) into the merger of Greece's Eurobank and Alpha Bank, set to be announced later in the day, a banking official involved in the deal said. "There will be a capital injection from Qatar via More… |
 |
Abu Dhabi injects $4.36bn into banksThe Abu Dhabi government said on Wednesday it has decided to inject additional liquidity into five of its banks through capital notes to bolster confidence in the financial system as the global crisis bites. Under this initiative, the Gove More… |
 |
Bahrain pumps in $13m to boost drug supplyA nation-wide drug shortage has prompted the government to pump in an extra BD5 million ($13.2 million) in its BD15m ($40 million) budget to purchase more medicine, it was revealed. The shortage includes 900 different kinds of medicines, w More… |
