Orascom acquitted of Egyptian tax evasion claims
Orascom Construction has been cleared by an Egyptian public prosecutor of all tax evasion claims related to the sale of a building seven years ago to French peer Lafarge in Egypt, Orascom's Dutch parent OCI OCI.AS said on Tuesday.
Qatar shares touch new 67-month high
The Qatar Exchange yesterday opened the week on a stronger note with its key index touching a new five-and-a-half year high on foreign institutions' buying support.
Saudi Arabia tightens security
Saudi Arabia is escalating a security crackdown to defend against what the kingdom's rulers see as a growing legion of threats arising from regional instability.