Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.
Industry
Hess to Start Sale Process for Oil-Terminal Network
Hess Corp started the sale of its oil terminal as the company seeks to receive US$1 billion for the asset.
Precision Castparts To Acquire Permaswage
Precision Castparts Corp announced acquisition plans for Permaswage SAS months after its purchase of a titanium alloy maker.
ONGC Videsh Looks at Energy Assets in US; Oil India Nearing Acquisition for Africa Asset
ONGC Videsh looked at another energy asset in US while Oil India neared acquisition for an African oil and gas asset.
Repsol Rejects YPF US$5 Billion Offer
On Wednesday, Repsol’s board of directors announced that it has rejected a noncash offer from YPF valued at US$5 billion.
Latest News
India's ICICI said that it is picking exporter stocks amidst foreign fund exits. (Photo : Reuters)Securities and Exchange Board of India chief U. K.
Japan's SoftBank Corp finally got Sprint's shareholders vote after it sweetened its bid to US$21.6 billion from the previous US$20.1 billion.
Samsung and Apple continue their battle for dominance with mobile patents which may possibly result to a $17.3 billion fine for Samsung.
ANA Holdings will purchase AirAsia’s way out of their budget airline cooperative enterprise in Japan, leading to a disbanded bond.
Billionaire Wang Jing of HKND Group said he has found global investors to fund the Nicaragua Canal construction.
Cerberus planned to increase its stake in Seibu Holdings Inc. by recommending people to the company's board however shareholders rejected said plan.
State run oil and gas companies, ONGC and Oil India announced to pay US$2.5 billion for Mozambique field stake from Videovon Industries Ltd.
Carrefour, the second largest retailer in Europe planned a sale on its China and Taiwan businesses. (Photo : Reuters)The image shows grocery carts from Carrefour.
Hospital chain Tenet Healthcare Corp said on Monday that it will purchase its smaller rival Vanguard Health Systems Inc.
