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Shareholders of EFG Hermes, Egypt's biggest investment bank, reaffirmed on Sunday their approval of a planned tie-up with Qatar's QInvest after demands by the regulator for more information on the deal were met, EFG said in a statement distributed by the stock exchange.
September 16, 2012 5:20
The three-year loan, which replaces a $1.85 billion facility set to mature on July 22, will be marketed by Bank of Tokyo-Mitsubishi UFJ, Deutsche Bank, HSBC , JP Morgan and Standard Chartered, four sources said.
June 24, 2012 10:25
Dubai’s Emirates airline will lease aircraft from a financing firm which will issue certificates worth $587.5 million across two tranches,…
June 24, 2012 10:25
UN nuclear agency says meeting outcome "disappointing"; Setback comes 10 days before Iran talks with big powers; Iran still hopes to reach deal but issue "complicated"
June 10, 2012 10:31
Arabian Bemco Contracting Co (Bemco) has won a 4.7 billion riyals ($1.25 billion) contract from Saudi Electricity Co (SEC) to…
May 20, 2012 9:46
Kuwait Oil Tanker Co will start building six oil and gas tankers in 2014 and receive nine others as part of a deal with South Korea's Daewoo Shipbuilding & Marine Engineering, state-run news agency KUNA said on Wednesday.
May 2, 2012 3:21
Dubai is planning to raise $1.25 billion from a two-tranche Islamic bond sale on Wednesday, with final price guidance for both tranches tighter than indicated initially.
April 25, 2012 2:59
An Arabtec Holding consortium that includes Greek and Turkish firms is on the cusp of securing an estimated $3 billion contract for the expansion of Abu Dhabi's international airport, four industry sources told Reuters.
April 25, 2012 2:52
The government of Dubai plans to issue a benchmark Islamic bond, or sukuk, made up of a five-year and a 10-year tenor, arranging banks said on Tuesday.
April 24, 2012 2:58Formal deal has been reached on almost $25 billion.
September 12, 2010 10:56The project, which was initially approved in 2006, has faced several delays, and is now expected to be concluded by the end of this year.
March 1, 2010 5:14The deal will lead to the creation of the world's largest confectionery group.
January 19, 2010 11:36Abu Dhabi-based Waha Capital said that it..
January 5, 2010 5:54A consortium from South Korea has won an alleged $40 billion contract to construct a number…
December 27, 2009 2:18
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
