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Gulf banks eye European rivals’ Middle East assets

European lenders selling MidEast, N.Africa assets; Gulf banks keen to expand; have financial resources; Assets in countries such as Egypt, Turkey put on the block

June 21, 2012 3:30
Ben Ali

Tunisia seeks extradition of Ben Ali, traces hidden assets

Tunisia's justice minister said on Tuesday he suspected Zine al-Abidine Ben Ali was still benefiting from funds stashed abroad 16 months after his overthrow and urged Saudi Arabia to extradite the former president for trial.

May 23, 2012 12:02
Malaysian tycoon’s $3B power asset sale draws 12 bids

Malaysian tycoon’s $3B power asset sale draws 12 bids

Malaysian tycoon Ananda Krishnan's sale of over $3 billion worth of power assets has attracted 12 initial bids with a final round of bidding expected by the end of March, the Star newspaper reported on Saturday, citing unidentified sources.

February 25, 2012 12:08
Malaysia tycoon plans $2B sale of power assets

Malaysia tycoon plans $2B sale of power assets

Malaysian tycoon Ananda Krishnan has put his entire power portfolio in Malaysia, South Asia, the Middle East and Egypt up for sale in a deal that could raise more than $2 billion, three sources familiar with the matter told Reuters on Wednesday.

February 22, 2012 1:05

ENBD names wholesale banking group head, Dubai Bank interim CEO

Emirates NBD named a new group head of wholesale banking as well as a new interim chief executive for Dubai Bank, the United Arab Emirates' largest lender by assets said in a statement on Monday.

December 5, 2011 10:07
Headstrong hopes

Headstrong hopes

Survey reveals global investors expect growth in emerging markets to remain strong and commodities to stay favourable as inflation and geopolitical concerns heighten...but not all of them. So which one?

March 30, 2011 1:41

Dubai Holding: AED 23.5 billion loss

Huge loss confirmed and asset value reduced by AED 47 billion.

June 1, 2010 2:58
April 10

April 10

Malek signs divorce papers after night-long negotiations; Ladies first: The feminine front line of the Arab art market; I'm Really Worried About What Apple Is Trying To Do With The iPad; Islamic Finance Assets May Rise to $5 Trillion, Moody’s Says; For two Grieving Families, Video Reveals Grim Truth

April 9, 2010 3:52

Dubai World’s assets worth more than $120 billion

Dubai World is estimated to have debts of around $57 billion.

January 24, 2010 4:22

Dubai World, not Dubai, may sell assets

Government-owned Dubai World may sell off some…

December 7, 2009 4:23