Ahmed Reda Halawani resigned from Kingdom Holding Co. due to personal obligations and commitments as stated by the company in a statement on the Saudi bourse.
Investors
Talk Resumes For Greece and International Lenders for Euro 8.1 Billion Bailout
Government sees positive results from negotiations. (Photo : Reuters)Greece Prime Minister talks about 8. 1 Billion Euro Bailout The Greek government led by Prime Minister Antonis Samaras was hopeful as talks commence regarding the release of funds by the IMF or the International Monetary Fund, the European Union and the European Central Bank.
McDonald’s May Look at QIP, FPO to Raise Funds
Hardcastle Restaurants looks at raising funds through a qualified institutional placement (QIP) or a follow on public offer (FPO) as it planned to double its store chains in India.
Walmart and Tesco May Get In India's Retail Industry without Conditions
The government of India may allow foreign retail stores such as Walmart and Tesco to come into the industry without any of those conditions given that their multi-brand retail venture is less than 50%.
Algosaibi Plans New Debt Offer
Ahmad Hamad Algosaibi & Brothers Co. planned to make a new offer on US$7.2 of debt to creditors. Ahmad Hamad Algosaibi & Brothers Co. planned to make a new offer on US$7.
Latest News
Onyx Pharmaceuticals Inc stated that it has rejected the unsolicited bid from Amgen Inc priced at US$120 per share piece.
Noki Oyj agreed to buy the stakes of Siemens AG in the Nokia Siemens Network according to sources. (Photo : Reuters)The image shows the Nokia Siemens Network sign inside the company's building.
Fund firms threatened the privatization of Lloyds Banking Group until rulings are clarified by banks and regulators.
France announced sale of its 4.69% stake in ADP, a Paris airport operator to Vinci and Credit Assurances.
Maria Fekter, Austria's Finance Minister was confident about getting the deal from EU after some negotiation.
The International Monetary Fund said the markets overreacted even if the US Federal Reserve didn't know how to stop buying bonds.
Through rights offering with private investors, Greece's Piraeus Bank would be able to raise Euro 7.33 billion.
General Council for Islamic Banks and Financial Institutions intends to expand to adjacent countries.
World Bank President Jim Yong Kim addressed the aims of the global lender to reduce poverty. (Photo : Reuters)President Jim Yong Kim of World Bank, gives a lecture on global creditor's goals.
