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Nokia charging back with full force
Saudi government websites targeted
Shareholders of three Islamic banks in Bahrain have approved plans to merge them all into a single entity, a joint statement said, paving the way for a rare example of consolidation in the Gulf Arab banking sector.
July 1, 2012 5:01
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
Due diligence has begun on the potential state-backed merger of indebted Abu Dhabi developer Aldar Properties and smaller rival Sorouh Real Estate , the two firms said on Sunday.
June 10, 2012 5:53
LSE seen less likely target after Italian share sales; Dubai, Qatar owners in for long haul-analysts; Greater liquidity seen in LSE stock
May 26, 2012 9:01
Abu Dhabi's Sorouh Real Estate, which is eyeing a state-backed merger with rival Aldar Properties, posted a 30 percent rise in quarterly net profit riding on revenue from government projects and higher rental income.
April 29, 2012 9:00
Abu Dhabi eyeing merger of developers Aldar, Sorouh; Advisory mandate for merger seen imminent – banker; Bankers trying to build inroads with cash-rich Abu Dhabi
April 3, 2012 5:05
With Abu Dhabi trying a new property bailout tack with the potential Aldar-Sorouh merger, will consolidation be enough to fix the capital’s ailing property market?
March 12, 2012 3:10
Abu Dhabi now faces challenges as a huge supply of high-end homes are expected to enter the market. Property prices in the emirate are expected to fall another 11 percent from here, a Reuters poll showed.
March 12, 2012 1:40Dubai Aluminium (Dubal) has no immediate plans to issue bonds, its chief executive officer told Reuters on Thursday.
December 22, 2011 1:34Emirates NBD, Dubai's largest bank by assets, could see its Tier 1 capital ratio fall by nearly 1.1 percentage points if it is forced to absorb embattled property lender Amlak Finance, HC Securities said on Sunday.
December 18, 2011 11:39Emirates NBD, Dubai's largest lender, has consolidated its investment banking and financial advisory businesses under its Emirates NBD Capital unit and appointed Mohammed Wajid Kamran as general manager of the arm, according to an internal bank memo.
November 20, 2011 11:21Saudi investment company mergers for Europe's biggest bank to own 51 percent of new venture entity HSBC Saudi Arabia.
June 27, 2011 10:36
Emirates NBD sees further provisions in 2011 on restructurings as the company eyes merger opportunities outside the UAE.
March 30, 2011 4:02The due diligence date for the planned merger between the two firms has been extended to April 16.
February 28, 2010 4:27The merger process of the two UAE-based financial lenders has been facing several delays.
February 16, 2010 4:56
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
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
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
