Qatar National Bank formalizes loan agreement

In an agreement with United Development Company, Qatar National Bank entered a credit loan facility to purchase units at The Pearl-Qatar.


R Hotel plans expansion for the year

R Hotel's investment plan is to expand its hotel line from three to six with an AED1.5 billion investment.

ThyssenKrupp denies reported sale of automotive unit

Germany based ThyssenKrupp denied a Focus report regarding a potential sale of its automotive unit. ThyssenKrupp is a German steelmaker based in Essen, Germany.

Report: JC Flowers attractedto purchase Lloyds' TSB unit

PE firm JC Flowers had expressed its interest in Lloyds' TSB unit according to a Sunday Telegraph report without citing sources.


Latest News

Aegis is looking at Asia, Europe and South America for possible acquisitions called 'tuck-ins'.
Harvard is setting the bar at USD6.5 billion for the improvement of campus, programs and housing in the university.
India's capital markets regulator SEBI said it had been considering regulation changes to safeguard minority shareholders' interest in a company to use funds generated from an IPO aside from what was originally stated on its objectives.
Foreign institutional investors had poured in INR11000 billion in the Indian stock market this month following the appointment of the new RBI Governor.
RBI had increased its short term policy repo rate to 7.5% from 7.25%, a move which could have stock markets remain volatile.
A number of domestic milk producers were chosen by Chinese authorities as recipients of state subsidies and tax breaks.
India's private equity deals earned USD924 million for August 2013. Nearly 36 private equity deals with a volume of USD924 million were completed in August.
News Corp, where 7% is owned by Prince Alwaleed Bin Talal,reported an increase in annual income. Publishing company News Corp controlled by Rupert Murdoch reported an annual revenue growth of 2.
Mike Lazaridis, one of the founders of BlackBerry, sought Carlyle's decision on a possible bid for the smartphone maker.
The partnership between Tata and Singapore Airlines could be a major game changer in the aviation industry where both firms invested USD100 million.