DUBAI: International Finance Corp. , a unit of the World Bank, plans to invest close to $1 billion by the end of June in countries including Egypt, Iraq, Jordan and Libya, its regional director said on Sunday.
"We've invested so far more than a (...)
DUBAI: A proposed Islamic bond issue by Saudi Arabia is important not so much because it would raise money for the country — the kingdom does not need the cash —but because it could serve important monetary policy goals.
By making the first (...)
