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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.

September 13, 2012 1:11

Etihad says can raise stake in Virgin Australia to 10 percent

Abu 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 10:54
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

Tycoon nears deal for Drydocks’ S.Asia OPS

A 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

Qtel bids to buy remaining $1.9 billion Wataniya stake

Qatar Telecom has 52.5 pct stake in Kuwait's Wataniya; Qtel submitted offer to regulator to buy stake; Kuwait's sovereign fund has 23.5 pct stake in Wataniya; Barclays Capital, NBK Capital advising Qtel on deal

June 26, 2012 5:48

Abu Dhabi’s ambitious plan: Etihad eyeing at least 10 percent in Virgin Australia

Abu Dhabi's flagship carrier Etihad Airways plans to raise its stake in Virgin Australia Holdings to at least 10 percent, Etihad's top executive said, after stating it owns a near 4 percent stake in the Australian carrier on Tuesday.

June 5, 2012 5:24

UAE’s Etihad buys 4 percent stake in Virgin Australia

Stake bought through open market purchases; Virgin Australia shares gain 1.2 percent; Abu Dhabi carrier has been rapidly expanding overseas

June 5, 2012 11:45
Alhamrani-Fuchs Petrolub

Saudi group eyes stake sale in lubricant venture-sources

Alhamrani Group to sell majority stake in lubricant venture; Sale likely to generate between $400-$500 million – sources; Germany's Fuchs Petrolub holds remaining stake; Rothschild advising Alhamrani on sale process - sources

May 28, 2012 5:49
Alwaleed’s Twitter stake: Cool plus points or reputational gamble?

Alwaleed’s Twitter stake: Cool plus points or reputational gamble?

Prince Alwaleed's $300 million stake in the largely unregulated platform Twitter may be a financial windfall but it could also lead to losing favour among conservatives, says Una Galani.

December 19, 2011 5:18

Abu Dhabi’s Mubadala holding in Tabreed climbs to 26 per cent

Mubadala stake in Tabreed increased to 26 per cent from 16.79 per cent, following Tabreed securing $844.2 million funding from Mubadala to help with its debt.

May 22, 2011 11:18