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Greece loan talks on, EU delays summitGreece said it concluded talks with international lenders over a vital aid payment on Monday after Germany and France gave investors hope by promising a plan to recapitalise Europe's banks soon. Chancellor Angela Merkel and President Nico More… |
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Zain, Qtel in key loan talksKuwaiti mobile operator Zain and Qatar Telecommunications Company (Qtel) are in talks with their lenders to refinance existing debt, banking sources close to the deals said. One of the sources said that Qtel is more advanced in its discuss More… |
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GIH halts talks on $1bn loanGlobal Investment House, Kuwait's biggest investment bank, is no longer in talks with local banks to secure $1 billion in loans to refinance its foreign debt, sources said on Tuesday. Talks between the two sides stopped after some bank More… |
