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Iraq's terms deter oil, gas explorers at auction

Iraq’s terms deter oil, gas explorers at auction

Iraq wins offer on only one out of six blocks; Kuwait Energy, TPAO, Dragon Oil get Block 9 oil deal; Baghdad wants to build up crude reserves

May 31, 2012 11:40
 
Saudi’s ACWA “very keen” on Malaysia tycoon’s power assets

Saudi’s ACWA “very keen” on Malaysia tycoon’s power assets

Saudi water and power project developer Acwa Power is "very keen" to buy the power assets being sold by Malaysian tycoon Ananda Krishnan, the company's chief financial officer said on Monday.

February 28, 2012 2:46
 
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
 
How the mighty have fallen

How the mighty have fallen

Petty Kipp unsuccessfully stifles a smile as property developer Nakheel begins to auction off cars, bikes and excess construction material in a bid to raise a few dirhams.

March 16, 2011 3:27
 

Christie’s Dubai auction sees $15 million in sales

‘International Modern and Contemporary Art’ sale takes in three times the pre-sale estimate.

April 28, 2010 9:44
 
Does it matter?

Does it matter?

AED1.52 million for a car license plate. Welcome to Dubai, where such things matter.

December 29, 2009 3:27
 
Istithmar loses millions

Istithmar loses millions

Istithmar World, part of Dubai World, lost rights to the W Union Square New York hotel in a foreclosure auction in the New York.

December 9, 2009 12:40
 

RTA raises AED15 million from number plate auction

The Roads and Transport Authority’s (RTA) latest…

October 10, 2009 4:34
 
Under the hammer

Under the hammer

This isn’t the best time in the world to sell art, but if you’re an auction house, the show must go on. Kipp speaks to Matthew Girling, chief executive of Bonhams Dubai, about the art market, and whether the financial crisis has changed the way the auction house does business.

September 27, 2009 2:17
 
The best tomb in the house

The best tomb in the house

...above Marilyn Monroe

August 18, 2009 4:38
 
Why was UAE’s first property auction a flop?

Why was UAE’s first property auction a flop?

Dubai’s first property auction fared worse than it expected. The market needs to step up its drive to attract investors.

May 27, 2009 3:40
 
The Orientalists

The Orientalists

Bonhams to auction a collection of rare Orientalist paintings and works of art in Dubai.

May 7, 2009 3:46
 
Pieces of ‘The Lady’

Pieces of ‘The Lady’

Jewelry and watches belonging to the legendary Egyptian singer Umm Kulthum went under the hammer on Tuesday in Dubai.

April 29, 2009 1:59
 
What’s in a number plate?

What’s in a number plate?

Apparently, a lot. Car number plates can fetch big money in the UAE.

April 26, 2009 1:36
 
Ringing up sales

Ringing up sales

Several Du and Etisalat mobile numbers are currently being auctioned on Souq.com and the bidding wars are going strong.

January 6, 2009 11:21
 
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