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Saudi’s-foreign-aid-bill-mounting

PILING UP: Saudi’s foreign aid bill is mounting

Egypt Jordan, Bahrain, Oman and Yemen - the Arab spring has elicited a string of pledges of loans and grants from the oil-rich kingdom to its troubled, resource-poor neighbours.

May 28, 2012 5:37
 
Sheikh-financial aid-Yemen

UAE may give aid to impoverished Yemen – Finance Minister

UAE has not yet pledged aid to Yemen, but may; Yemen received more than $4 bilion in aid pledges this week; Needs billions more to battle militancy, poverty

May 27, 2012 12:08
 
Qatar Sovereign Fund Has $30 Billion to Spend This Year

Qatar Sovereign Fund Has $30 Billion to Spend This Year

Qatar's aggressive sovereign wealth fund, the Qatar Investment Authority (QIA), has $30 billion to spend this year, executive board member Hussain Al Abdulla said at a conference on Sunday.

April 22, 2012 4:17
 
Levant Capital, CVCI spend $100M on Saudi Chain

Levant Capital, CVCI spend $100M on Saudi Chain

Investment funds advised by Levant Capital and Citi Venture Capital International took a $100 million joint controlling stake in Saudi Arabia-based supermarket chain al-Raya, they said in a joint statement on Wednesday.

February 22, 2012 1:03
 

Hines to create $1bn fund to buy distressed assets in UAE

International real estate company Hines announced it will establish a $1 billion asset fund to snap up distressed...

October 3, 2009 10:46
 
Misuse of public funds in Kuwait

Misuse of public funds in Kuwait

An investigation reveals financial and administrative violations at the Higher Council of the Disabled in the country, reports Kuwait Times.

September 2, 2009 1:38
 
Where is the regional film hub?

Where is the regional film hub?

Qatar has just joined the race to become the Middle East’s film hub for regional movie makers.

August 25, 2009 1:29
 
Nakheel back in the game

Nakheel back in the game

The Dubai-based developer has confirmed that it will be using some of the funds given by the government to repay its debtors.

May 28, 2009 12:07
 
Coming with a cap in hand?

Coming with a cap in hand?

Will Britain’s Prime Minister Gordon Brown manage to extract some of the oil wealth from the Middle East during his visit here?

November 3, 2008 11:06