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  • Aabar pulls out of Daimler investment in Tesla

    Aabar pulls out of Daimler investment in Tesla

    Abu Dhabi's Aabar took a step towards exiting its investment in electric car maker Tesla after partner Daimler confirmed it transferred direct control of a 3.1 percent stake in Tesla back to the sovereign wealth fund.

    June 28, 2012 10:24
  • Bahrain's ringgit sukuk programme

    Bahrain launches $1.5 billion, 10-year bond

    The bond, Bahrain's first conventional issue since 2010, was launched at a spread of 437.5 basis points over midswaps; earlier guidance had signalled the deal would price between that level and 450 bps over midswaps.

    June 27, 2012 7:18
  • dubaimall380

    UAE’s MAF to price $500 million 7-year bond Wednesday

    Bond to price at 5.25 pct; Demand seen high; orderbooks around $2 bln; Second debt issue this year from MAF

    June 27, 2012 6:36
  • 200-dubai-drydocks

    Indebted Drydocks in Kuok JV for Asia operations

    Drydocks World, which sought insolvency protection in April as it restructures $2.2 billion of debt, signed a joint venture for its Southeast Asia operations with Pacific Carrier Ltd. on Wednesday, part of Malaysian tycoon Robert Kuok's empire.

    June 27, 2012 5:34