Register for our free newsletter

Latest News


ACWA power acquires plant in Bulgaria

ACWA power acquires plant in Bulgaria

Saudi water and power project developer Acwa Power has acquired a 42 percent stake in a solar photovoltaic power plant in Bulgaria, it said in a statement on Monday.

July 10, 2012 10:46

Hong Kong fund snaps up Jordan Dubai capital

Jordan Dubai Capital said that Hong Kong-based HPF private investment fund had wholly acquired its shares in a deal worth $130 million.

July 9, 2012 11:10
Abu Dhabi’s Etihad buys into Air Seychelles

Abu Dhabi’s Etihad buys into Air Seychelles

Etihad Airways will acquire a 40 percent stake in Air Seychelles, its second airline acquisition in the last five weeks as the rapidly growing Abu Dhabi-based carrier embarks on an ambitious expansion plan.

January 26, 2012 1:39
Debt rebalancing to boost MENA bond market

Debt rebalancing to boost MENA bond market

Shift from loans to debt market helps support bond pipeline; MENA M&A activity down 48 pct in 2011; Equity markets remain nervous, IPOs in high single-digits in 2012

January 15, 2012 5:30

Dubal CEO: no immediate bond plans open to M&A

Dubai Aluminium (Dubal) has no immediate plans to issue bonds, its chief executive officer told Reuters on Thursday.

December 22, 2011 1:34

Switzerland’s Julius Baer still seeking Bank Sarasin

Bidding for whole stake in private bank; Expects better second half for asset base

November 23, 2011 10:22

Saudi retailer Alhokair eyes acquisitions, may tap bond market

Company considering opportunities in US, CIS, Africa; Some smaller deals due to close before end-2011; Eyes various financing options to fund growth plans

November 21, 2011 1:23

China’s Geely to acquire Volvo for estimated $1.8 billion

Chinese carmaker Zhejiang Geely has reportedly acquired Volvo, Ford’s Swedish unit…

December 23, 2009 4:12

Etisalat acquires Millicom Sri Lanka ‘Tigo’ for $207m

Etisalat announced on Saturday it bought a 100 percent stake in in "Tigo Sri Lanka", a subsidiary of...

October 17, 2009 6:51

Yahoo! acquires

Yahoo! has acquired Maktoob Group, the Arab world's largest online portal for an undisclosed amount...

August 25, 2009 10:26