Firm Management

Kuwait's NAS providing expertise in improving Ariana Afghan Airlines

A ten year agreement was formalized between Kuwait's National Aviation Services and Ariana Afghan Airlines.


Rumors say BG Group Chairman Andrew Gould would join Saudi Aramco board

The Saudi Aramco board, according to unconfirmed news reports, would be joined by BG Group Chairman Andrew Gould.

Saudi Arabia's largest healthcare providers to do IPO

Sulaiman Al-Habib (HMG) and Almana General Hospitals have engaged the services of separate banks to assist in its IPO listing.

PurThread Technologies closed latest funding round

PurThread Technologies raised USD7 million for its latest equity funding round. Renowned textile firm PurThread Technologies recently announced the closure of its latest equity funding round with pledges amounting to USD7 million.


Latest News

RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.
Sources disclosed to Reuters that only five names, including Ford Motor Co chief Alan Mulally and former Nokia CEO Stephen Elop, were being considered to replace Microsoft Corp Chief Executive Steve Ballmer.
Chinese M&A activity was slow due to its country's leadership change while Japan and Thai tycoons led the way in 2013.
Zamin Ferrous purchases Anglo American shareholdings in Amapa iron ore mine in Brazil. The mining consortium established by Pramod Agarwal, Zamin Ferrous, had completed the purchase of the Amapa iron ore mine located in Brazil.
General Electric Healthcare India would be creating cost effective equipment to address global demands.
ING Groep NV's Canadian online bank is to be known as Tangerine. ING Groep NV's Canadian online bank was purchased by the Bank of Nova Scotia.
The Norwegian oil fund sought prevented from investing in specific markets. The opposition Labour Party of Norway had proposed a ban on the country's USD800 billion wealth fund from investing in coal producers.
Licensing rights would be purchased by Grupa Lotos SA. The second largest refiner in Poland, Grupa Lotos SA, had entered into an agreement to purchase Centrica Plc's oil and gas exploration assets located in the Norwegian side of the North Sea.
PPF Group NV agreed to purchase Telefonica Czech Republic's majority shareholdings. The PPF Group NV of billionaire Petr Kellner had agreed to purchase the controlling stake in Telefonica Czech Republic.
Advantage Rent a Car was hived off by Hertz to comply with regulatory authorities. Advantage Rent A Car would be filing for bankruptcy after Hertz had terminated lease agreements over vehicles that Advantage was able to use in its operations.
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