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abu dhabi aabar

Gulf Capital Markets

Rare gulf cash call built on shaky foundations

Arabtec is planning to raise up to $1.8 billion to fund its expansion drive, from two rights issues and a $450 million bond.

May 30, 2013 1:06
 
Abu Dhabi Fund Aabar Doubles Arabtec Stake; Shares Surge

Abu Dhabi Fund Aabar Doubles Arabtec Stake; Shares Surge

Abu Dhabi fund raises stake to 10.45 pct - bourse filing; Arabtec share surge to close up 15 pct on stake boost; Investors expect further stake increases; Arabtec had increased holding to 5.3 pct in March

April 3, 2012 5:18
 

Abu Dhabi Aabar commits $850 mln to Glencore IPO- term sheet

Twelve cornerstones commit $3.1 bln to Glencore's IPO-term sheet; Cornerstones agree to six-month lock-up period-term sheet; Glencore CEO uses personal touch with some cornerstones

May 4, 2011 4:14
 

Abu Dhabi’s Aabar suffers $376 mln Q2 loss

H1 net profit 202 mln dirhams; Q2 comprehensive income 990 mln dirhams.

August 15, 2010 3:51