Our Network

Register for our free newsletter

 
 
Latest News
EFG-QInvest tie-up

HSBC buys at least 5 percent of EFG Hermes

British bank HSBC has acquired a stake of at least 5 percent in EFG Hermes, the Middle East's biggest home-grown investment bank, Egypt's stock exchange said on Tuesday.

July 4, 2012 10:23
 
investcorp

Investcorp buys Austrian online firm for $178 million

Investcorp, a Bahrain-based investment firm, said on Sunday its online portfolio unit Skrill bought Austrian firm paysafecard.com for up to 140 million euros ($177.67 million), betting on growth in online retail sector.

July 1, 2012 5:03
 
Aabar pulls out of Daimler investment in Tesla

Aabar pulls out of Daimler investment in Tesla

Abu Dhabi's Aabar took a step towards exiting its investment in electric car maker Tesla after partner Daimler confirmed it transferred direct control of a 3.1 percent stake in Tesla back to the sovereign wealth fund.

June 28, 2012 10:24
 
Qatar-shows-its-muscles-to-wring-more-from-Glencore

Qatar shows its muscles to wring more from Glencore

Qatar seeking 16 pct increase in merger ratio; Sovereign fund shock move comes at 11th hour; Move shows fund's evolution as investor, bankers say

June 27, 2012 5:39