The Telecommunications Regulatory Authority of UAE would, after a five year wait, put the mobile phone number portability system operational by December.

Legoland Dubai's main promoter is seeking to raise funds through an IPO set in the London Stock Exchange.

Telekom Austria, Deutsche Telekom and Hutchison Whampoa's Three have cornered the majority of the LTE spectrum in the region.

With its consortium, Petrobras leads to extract the oil from the Libra pre-salt mine. A consortium led by Petroleo Brasileiro SA had landed a license to develop the largest oil discovery in Brazil under terms that had exceeded projections.

TrueEX's application for interest rate swap facilities is the next step to consolidate the market.

Achilles Macris, former CIO of JPMorgan, said he was denied due process for he was denied the opportunity to respond to the allegations.

J. Michael Evans, Vice President for Goldman Sachs for emerging markets, is set to retire by this December.

A soon to be named company would comprise of 7,300 miles of pipeline and storage and trucking facilities.

Like many other regulatory authorities, Deutsche Bank is conducting an internal review of conversations and electronic communication for allegations of rigging the the benchmark interest rates.

In a letter to presiding judge Sam Glasscock III, Apollo Tyres lawyer sought the dismissal of the case filed against them by Cooper Tire & Rubber Co.

Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.

With 90% of Canada Bread Co in Maple Leaf Foods Inc's name, the latter is seeking options for the divestment of the said asset.

Green Highland Renewables receives a GBP9.3 million investment from Albion Ventures for the development of a hydroelectric project.

French frozen baking industry leader Europeene des Desserts was recently bought out by Equistone Partners Europe Ltd's Fund IV.

Camilla Dolan is the new Investment Manager and Anna Slemmings joins the Marketing Team of venture fund manager MMC Ventures.

Trinity Biotech purchases Lab21's blood bank screening unit for USD7.5 billion. In a recent move, Lab21 had sold its blood bank screening unit to Trinity Biotech for USD7.

beRecruited, the top athletic recruitment social network, was sold off by Madison Parker Capital to the Raine Group.

BHP Billiton did not confirm the reason for such return of oil and gas stakes in India. BHP Billiton, the global mining firm, said last Monday that it had given up nine oil and gas exploration blocks located in India.

The Burman family and Healthcare At Home UK form joint venture for the Indian market. The promoter of Dabur India, the Burman family, is entering into the healthcare market through a joint venture with the founders of UK based 'Healthcare at Home'.

The offered senior notes from Renaissance is worth USD350 million with a five year term. Renaissance Services, an Omani based firm, announced last Monday that its subsidiary, Topaz Marine was in the process of marketing a five year USD350 million senior note offer.

Egypt was able to leverage a longer term to pay back the aid package provided by Kuwait. Kuwait had given Egypt five years to repay a USD2 billion central bank deposit.

Invest AD, the distribution firm for Red Bull Energy Drink, was recently bought by Mezzan Holding Co to expand its consumer related business portfolio.

For the price of USD4.85 billion, AT&T sells off and leases telecommunications assets to Crown Castle Int'l.

Coal India's CEO S. Narsing Rao would try to convince brokerage firms to invest in the state run mining firm from India.

After infusing GBP107.8 million for store renovations, Qatar Holding would reopen Harrods store especially the iconic escalator.

With more data being created every second, the Cray supercomputer becomes more relevant for the industry.

The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.

At his financial mightiest, Eike bankrolled social services in Rio de Janeiro. Investors that entrusted their money to Eike Bautista have lost most of their funds amounting to bilions as his business empire imploded.

The prospects of EZChip of Israel improved as Verizon announced its latest LTE programs. The second largest chipmaker in Israel, EZchip Semiconductor Ltd, jumped to its one month high on prospects that the company would benefit from the projected capital spending of Verizon Communications Inc.

Samsung is first in the smart watch race but Apple may win it all. Samsung had beaten Apple in the smart watch race. The main issue now is that the Galaxy Gear have been tepid at best.