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UAE insurers fear FTA competition

A quarter of UAE insurance companies fear that free trade agreements will impact negatively on... Read full article »
United Arab Emirates: Sunday, December 11 - 2005 at 07:49

Kuwait sells $2bn BP stake

The Kuwait Investment Office sold around $2bn worth of shares in BP on Friday, representing 0.89%... Read full article »
Kuwait: Sunday, December 11 - 2005 at 07:42

BLOM buys Misr Romanian Bank

Lebanese banking giant BLOM has bought Egypt's Misr Romanian Bank in a deal valued at $97.8m, and... Read full article »
Lebanon: Sunday, December 11 - 2005 at 07:39

Aldrees gears up for IPO

Chairman of Aldrees Petroleum & Transport Services Company, Sheikh Hamad bin Mohammed said that... Read full article »
Saudi Arabia: Thursday, December 08 - 2005 at 16:24

OIC ten-year plan

The Organisation of the Islamic Conference is to put forward a ten-year plan aimed at boosting... Read full article »
Thursday, December 08 - 2005 at 13:39

Shuaa's regional expansion plans

UAE-based investment bank Shuaa Capital plans to buy-up regional financial services companies... Read full article »
United Arab Emirates: Thursday, December 08 - 2005 at 10:13

MEA, up to 20% IPO

Lebanon's Middle East Airlines says it will offer 10-20% of its stock in an initial public... Read full article »
Lebanon: Thursday, December 08 - 2005 at 09:05

$272m DVD facility at DSO

Planet Optical Disc, a DVD and CD manufacturer, is investing $272m in a establishing a facility... Read full article »
United Arab Emirates: Thursday, December 08 - 2005 at 07:59

Sabic's $500m Yansab

Sabic Basic Industries will hold a $500m initial public offering for a 35% stake in its... Read full article »
Saudi Arabia: Thursday, December 08 - 2005 at 07:32

UAE 8% GDP prediction

The UAE economy will show a growth of 8% for 2005, up from 7.4% last year, according to Central... Read full article »
United Arab Emirates: Thursday, December 08 - 2005 at 07:29

Fitch to open in Dubai

Fitch Ratings says it will open an office in Dubai in April 2006 to meet the growing demand of a... Read full article »
United Arab Emirates: Thursday, December 08 - 2005 at 07:24

FLSmidth, Emirates Cement deal

Danish engineering group FLSmidth says it has won a $221.5m contract with Emirates Cement to... Read full article »
United Arab Emirates: Thursday, December 08 - 2005 at 07:22

AJIB Qatar licence

The Arab Jordan Investment Bank has been granted a licence to operate in the Qatar Financial... Read full article »
Qatar: Thursday, December 08 - 2005 at 07:21

DME appoints CEO

The board of directors of the Dubai Mercantile Exchange, the joint venture between the New York... Read full article »
United Arab Emirates: Wednesday, December 07 - 2005 at 13:32

Siemens, Qipco venture

Siemens has entered into an agreement with Qatar Investment and projects Development Holding to... Read full article »
Qatar: Wednesday, December 07 - 2005 at 09:47
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