Wednesday 29 July 2015

Egypt banks to allow transfers, limit withdrawals

Egypt's central bank said it would would limit cash withdrawals by individuals but allow unlimited transfers abroad when banks reopen on Sunday after a week-long closure. With no resolution in sight after 10 days of violence on the streets


Conoco ‘may find landing jobs in Gulf tough’

Two withdrawals from big ticket Middle East energy projects in a month would likely make it tough for US oil firm ConocoPhillips to land future work in two of the world's top oil exporting countries Saudi Arabia and the UAE, said an expert.

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