The RDIF and Abu Dhabi's Mubadala co-invest to penetrate the growing Russian market. (Photo : Reuters)The image is the Russian skyline during evenings.
Middle East
Syndicated loan volume flat in three regions
Europe, Middle East, and Africa all experienced a generally flat syndicated lending volume. (Photo : Reuters)The European Central Bank is expected to print money to prevent a further escalation of the euro zone's debt crisis.
Mubadala and Farglory Team Up for Al Maryah Development
Abu Dhabi's Mubadala and Taiwan's Farglory are working for the completion of the Al Maryah project in the Middle East kingdom's free port zone.
First Omani Sukuk to be closed soon
Tilal Development Co would be issuing a sukuk whose proceeds would be used to pay off debts and expand the Muscat Grand Mall.
OMV enters deal with Abu Dhabi for oil exploration
OMV forges agreement with Abu Dhabi National Oil Co for oil and gas explorations. (Photo : Reuters)The image is a gas pump of OMV. OMV, the Austrian energy firm, had announced it had signed a deal in Abu Dhabi for oil exploration and natural gas prospecting projects in the Gulf region, particularly the United Arab Emirates.
Latest News
As its debt drew near, Dubai increased asset sales to pay its US$30 billion worth of debt next year and another US$9.6 billion debt by 2015.
Prof. Jacob A. Frenkel was named the new chief of the Bank of Israel replacing former bank governor Stanley Fischer.
Kuwaiti Sheik Meshal Jarah al-Sabah sued UBS AG in a Dubai court valuing the case at US$21.4 million.
KIPCO's pay TV unit OSN is preparing for an IPO. (Photo : Reuters)The image is OSN's corporate logo. Kuwait's largest investment firm in terms of assets, Kuwait Projects Co, announced last Saturday that it had engaged the services of Rothschild financial group to provide advice for an initial public offer of OSN, its pay television company.
On Friday, Al Noor floated in the London Stock Exchange and made its debut at GBP5.75 per share piece.
Al Noor to conduct IPO to raise funds for growth and expansion. (Photo : Reuters)The developing areas of Abu Dhabi are featured in this image. Al Noor Hospitals, the Abu Dhabi based healthcare company, has priced its initial public offer in London at GBP5.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Arison's companies divest their shares in the largest bank in Israel,Bank Hapoalim. (Photo : Reuters)The image is the frontage of Bank Hapoalim. The controlling shareholder in Bank Hapoalim has sold 250 million shekels or US$69 million worth of shares in the largest lending institution in Israel.
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported on Wednesday:Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private.
