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Ouster of Etisalat chairman may herald foreign strategy shift

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
 
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Qatar eyes sukuk sale; investor meetings kick-off July 9

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
 
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Iraq, India’s Jindal sign pipeline factory deal

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
 
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DIFC investments $1 billion loan near; to help Sukuk REFI

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
 
Sanctions May Cut Iran's Oil Output By 15 Percent

Sanctions May Cut Iran's Oil Output By 15 Percent

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’s Arabtec’s Q4 profit surges

Dubai’s Arabtec’s Q4 profit surges

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
 
Abraaj interested in Turkey’s Calik media assets

Abraaj interested in Turkey’s Calik media assets

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
 
Dubai’s Zabeel Investments’ $1.6B debt talks stall

Dubai’s Zabeel Investments’ $1.6B debt talks stall

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 1:33
 

Samena eyes Asia, ME, North Africa with new fund

Hong 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
 
Best of the Web: December 3, 2010.

Best of the Web: December 3, 2010.

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
 
‘Emirate must reform’

‘Emirate must reform’

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
 
Spoils of war

Spoils of war

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 10:31
 

Middle East airports to invest $86 billion for expansion

Airports in the Middle East are planning to invest $86 billion…

December 21, 2009 5:53
 
5 links between UK football clubs and the UAE

5 links between UK football clubs and the UAE

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
 
In dial need, Part II

In dial need, Part II

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
 
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