In an interview with Bloomberg, Deyaar Properties CEO Said Al-Qatami confirms the investment in buildings located in Dubai.
Sectors
Regency Energy Partners purchases PVR Partners LP
For USD3.88 billion all share exchange transaction, Regency Energy acquires PVR Partners. Pipeline partnership Regency Energy Partners LP, which is controlled by Energy Transfer Equity LP, agreed to purchase PVR Partners LP for USD3.
ICE-NYSE Euronext merger due to be completed by early November
The merger of ICE-NYSE Euronext would not be subject to EU objection, according to individuals with knowledge of the matter.
Oman Oil Company acquires Oxea from Advent International
Oxea was purchased by Oman Oil Company from Advent International for EUR1.8 billion. An agreement was formalized between Oman Oil Co and Advent International for the purchase of Oxea.
Tamkeen CEO resigns post
Bahraini businessman Mahmood Al Kooheji quit his post as Tamkeen CEO without providing a reason for the said decision.
Latest News
Abu Dhabi based airline Etihad purchased Virgin Australia shares on the Australian bourse as a means to increase its shareholdings in the Australian airline.
Marlin Equity Partners bought iolo technologies and merged the acquired company with Phoenix Technologies.
New and existing customers of T-Mobile International AG would be able to enjoy the telecom company's new international plan that has no fees for text messages and data in over 100 countries.
The government of South Africa had planned to obtain a 20% free stake in each of new oil development projects.
Fosun International partnered with Kerzner for a hotel project worth nearly CNY 10 billion on China's Hainan Island.
Mobile financial solutions provider Level initially closed its Series A funding round with USD 5 million.
CalCEF Clean Energy Angel Fund sold Allopartis Biotechnologies to Novozymes. CaICEF Clean Energy Angel Fund I exited from its portfolio company Alloparties Biotechnologies Inc.
Clients of private banks and private equity firms had taken steps to ensure themselves just in case the government shutdown would result to a US default.
The Carlyle Group obtained approval from the Southwark Council Strategic Planning Committee for the South Bank development project.
