Recent Posts

UAE’s Abraaj buys Egypt’s EFC for $1.41bn

DUBAI, United Arab Emirates –  Dubai-based private equity firm Abraaj Capital announced Sunday that it has acquired the Egyptian Fertilizers Company (EFC) in a deal valued at $1.41 billion.

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Gates: Taliban fighters use Iran weapons

KABUL, Afghanistan – Defense Secretary Robert Gates said Monday that Iranian weapons are falling into the hands of anti-government Taliban fighters but he stopped short of blaming Tehran.

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