Iraq considers bids for $1 billion power plant
Iraq announced on Saturday the names of foreign companies bidding to build a 1,500 megawatt (MW) power plant with a…
May 20, 2012 9:52
EBRD agrees 1 billion euro North Africa fund
European Bank for Reconstruction and Development shareholders agreed a €1 billion ($1.27 billion) special fund for the Middle East and…
May 20, 2012 9:49
Saudi BEMCO wins $1.3 billion deal for Riyadh plant
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
Saudi travel firm Al-Tayyar IPO seen pricing at top end
To raise up to 1.37 bln riyals from 30 pct IPO sale; Institutional portion oversubscribed nearly 5 times; Share price range set at 45-57 riyals; Listing seen early June; Saudi IPO sector showing signs of revival
May 17, 2012 12:19
Dubai’s Ridge Capital buys Egypt asset firm Rashad
Dubai-based regional investment bank Ridge Capital has bought 100 percent of Egyptian asset management firm El Rashad Holding, which is expanding its Islamic financing business, its financial adviser said on Tuesday.
May 17, 2012 11:23
Kuwait to Tender for Oil Refinery in June
Fourth refinery expected to cost $14.5 billion; Summer imports of LNG seen rising to 40-45 cargoes
May 9, 2012 9:16
UAE'S Etihad Seeks More Routes with Aer Lingus Stake
Etihad Airways has bought a three percent stake in Irish airline Aer Lingus as a precursor to a commercial tie-up that could help Abu Dhabi's flagship carrier gain more European routes to catch up with Middle Eastern rivals
May 1, 2012 3:26
Kuwait's KIPCO Upbeat on Outlook after Q1
Kuwait Projects Co., the country's largest investment company, sounded a confident note on its full-year outlook after reporting a five percent increase for first-quarter profit on Tuesday
May 1, 2012 3:22
Saudi's Tasnee Eyes Debut Riyal Sukuk
Saudi Arabia's National Industrialization Company (Tasnee) will begin meeting investors next week ahead of a potential debut Islamic bond, or sukuk, the petrochemicals firm said in a regulatory filing.
May 1, 2012 9:33
Qatar to Co-Invest With Barclays Resources Unit
Qatar has signed a deal to co-invest $250 million with Barclays' natural resources private equity investment unit, underlining the gas-rich Gulf state's desire to plough some of its commodity wealth back into the sector
April 30, 2012 2:53
Emirates Says No Interest in Indian Carriers
Emirates Airline on Tuesday dismissed talk of a possible stake buy in India's troubled aviation sector; Emirates president Tim Clark specifically denied any interest in budget Indian carrier Spicejet.
April 24, 2012 3:51
Dubai's Emaar to Focus Abroad
Emaar Properties will pay a 10 percent cash dividend for 2011 and said on Monday it would look to its overseas business for a revenue boost next year. Shareholders also approved a new board with seven new members.
April 24, 2012 9:00
Abu Dhabi's NBAD Launches UAE Real Estate Fund
The National Bank of Abu Dhabi (NBAD) has launched a real estate fund in partnership with a Kuwaiti firm to seek investment opportunities in the UAE’s property sector, the lender said on Sunday.
April 23, 2012 9:20
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
Qatar Says Has 3 Percent of Total, Undecided On Further Buys
Qatar Holding, a unit of the Gulf nation's sovereign wealth fund, has increased its stake in French oil group Total to 3 percent and is undecided on buying more shares, Qatar Holding's chief executive said on Sunday.
April 22, 2012 10:55- Blog
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47 0Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09 0 - Readers' Comments
BREAKING NEWS: Revamped Kippreport.com slicker, sweeter and super efficient
Great work to everyone who worked on the project :)
May 20, 2012 11:21In Pictures: The tallest cities in the Arab world
Thanks for changing it. Thumbs up :)
May 13, 2012 8:25 - Editor's Choice
Flying Shoppers: Dubai hopes airline passengers could ease its debt burden
With its bank credit scarce, Dubai is planning to raise at least $500 million by issuing bonds secured against future revenues of Dubai Duty Free. Will shopping save the day?
March 6, 2012 2:18 1‘Dr Doom’ says buy precious metals as Iran-Israel clash ‘inevitable’
"If you can't live with volatility, stay in bed," says 66-year old economist Marc Faber, who cautions people to secure wealth by buying precious metals and investment equities.
March 6, 2012 1:42 1 - Latest Features
The World’s Most Expensive and Exclusive Eyewear
As the world’s most expensive glasses will be launched this Sunday, Kipp takes a look at some of the most expensive and exclusive eyewear.
May 10, 2012 4:21 0What to get your Mum this Mother’s Day?
Mother’s day is around the corner and if shopping for gifts just isn’t your thing, take a look at Kipp’s top six gift ideas for Mother’s Day…
May 9, 2012 4:37 0
Dubai Municipality launches well-intentioned but weirdly executed awareness campaign.
So how exactly is the Municipality executing this campaign? A series of lectures, workshops, film screenings, awareness drive and, wait for it, taxi drivers.
May 21, 2012 3:53
‘Affordable’ property on the Palm? Oh! How the mighty have fallen...
Benevolent master developer to cater for those ‘less-well-heeded,’ with affordable studios at the Palm Views East and West.
May 21, 2012 3:44
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47
Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09