EFG to sell Turkish arm to Kuwait

EFG Eurobank will sell its Turkish arm to Kuwait's Burgan Bank in a $355 million deal which will help shore up the struggling Greek lender's capital base. Burgan, the commercial banking arm

Libya probes oil contracts under Gaddafi

Libya has started investigating foreign oil companies over their past relationships with the former Muammar Gaddafi government, an investigator with the ruling National Transitional Council (NTC) said on Monday. Salem Qanan, who