Etisalat raises $510 million from Axiata stake sale
Etisalat, the United Arab Emirates' biggest telecommunications company, raised about $510 million from the sale of a stake in Indonesia's PT XL Axiata.
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Etisalat, the United Arab Emirates' biggest telecommunications company, raised about $510 million from the sale of a stake in Indonesia's PT XL Axiata.
September 13, 2012 1:11Abu Dhabi's Etihad Airways said on Thursday the Australian government had allowed it to raise its stake in Virgin Australia to 10 percent.
July 19, 2012 10:54British 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 10:23A company linked to Malaysian billionaire Robert Kuok is close to a deal to buy a majority stake in the Southeast Asia operation of Dubai shipbuilder Drydocks World, two sources said on Tuesday.
June 27, 2012 9:59