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Nokia charging back with full force
Saudi government websites targeted
When Gulf telecommunications giant Etisalat replaced its veteran chairman last week, he became the latest casualty of a multi-billion dollar foreign expansion which has failed to translate into profits and may prompt the firm to sell overseas assets to offset a decline in income.
July 12, 2012 1:00
Qatar is planning the sale of potential dollar-denominated Islamic bonds, or sukuk, and has mandated banks to arrange investor meetings in Asia starting on July 9, arranging banks said.
July 5, 2012 5:57
Iraq has awarded Indian steel production firm Jindal SAW Ltd. a $198 million contract to build and operate a factory for manufacturing oil and gas pipelines in the south, a senior investment official said on Monday.
June 11, 2012 5:44
DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is close to securing a $1 billion…
May 22, 2012 9:11
Iran oil output seen down 500,000 bpd by year-end; EIA lowers global oil demand estimates for 2012; EIA raises non-OPEC production forecast for 2012
April 11, 2012 10:09
Dubai builder Arabtec , in which Abu Dhabi's Aabar Investments upped its stake recently, saw a three-fold rise in its fourth-quarter net profit, handily beating analyst expectations.
March 8, 2012 3:37
Dubai-based Abraaj Capital is among companies interested in bidding for the media assets of Turkey's Calik Holding, ATV television and newspaper Sabah, which are being evaluated separately, two sources close to the sale process told Reuters.
February 21, 2012 4:47
After more than a year, debt talks go nowhere; Dubai government provided bailout funds in 2009; CEO left company; some board members, chairman resigned
January 24, 2012 1:33Hong Kong investment fund looks to the MENA region for 'private equity-style' investments upwards of $700 million over the next seven years.
June 8, 2011 9:27
An Interview With WikiLeaks’ Julian Assange; Stand-up comedy doing serious business across Middle East; Here's How We Bring Down USA’s $1.3 Trillion Deficit.
December 3, 2010 12:24
Private equity firms say big reform is necessary to save the sector in the region. That means foreign ownership, family involvement… and of course, transparency.
August 17, 2010 4:18
Seizing investment opportunities on the ground floor of emerging economies or in countries and regions scarred by violence is risky, but can provide big returns.
May 23, 2010 10:31Airports in the Middle East are planning to invest $86 billion…
December 21, 2009 5:53
A member of the ruling family in the UAE has denied buying a stake in an English premier league club. But the ties between the UAE and football clubs in the UK seem to be building.
June 24, 2009 1:51
The telecom industry may have weathered the financial storm better than most, but regional players may need to reinvent themselves to stay competitive, Part II.
April 20, 2009 7:16
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
