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Saudi Aramco hires banks for multi-tranche bond deal

Saudi Aramco said on Monday it has hired a group of banks ahead of a multi-tranche U.S. dollar-denominated bond issuance, as the world's largest oil company seeks to raise cash amid lower oil prices. Goldman Sachs, Citi, HSBC, JPMorgan, Morgan Stanley and NCB Capital were hired to arrange...

Syria's veteran foreign minister Walid Moalem dies at 79

Syria’s‬ top diplomat and long-time foreign minister Walid al-Moalem, a staunch defender of Syrian President Bashar al Assad’s bloody crackdown on peaceful protesters that sparked a decade old conflict, died on Monday, the government said. There were no details on the cause of death,...

Libyan dialogue forum postponed until next week

The UN-brokered Libyan Political Dialogue Forum has been postponed until next week due to a lack of consensus on who will lead the transition process. Stephanie Turco Williams, head of the UN Support Mission in Libya (UNSMIL), announced at a press conference on the closing day of the forum...