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    <title>Abraaj Capital opens Saudi office</title>
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    <pubDate>Sun, 31 May 2009 13:57:56 +0400</pubDate>
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        Dubai-based private equity group Abraaj Capital, which has raised about $7bn since inception in 2002, announced the opening of its office in the Saudi Arabian capital Riyadh with a dedicated investment team to tap growing opportunities in the largest Arab economy.
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    <title>Grandweld delivers new 41m crewboats to Stanford Marine</title>
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    <pubDate>Tue, 19 May 2009 16:06:51 +0400</pubDate>
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        Grandweld, a shipbuilding, ship repair and conversion specialist, and Stanford Marine, an offshore oil and gas industry fleet operator, both part of the UAE-based GMMOS Group, are celebrating the delivery of a six vessel order.
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    <title>Grandweld wins CGGVeritas vessel-building contract</title>
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    <pubDate>Wed, 04 Feb 2009 16:10:08 +0400</pubDate>
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        Grandweld, a UAE-based shipbuilding, ship repair and conversion specialist, part of the GMMOS Group, has been awarded the contract for building one new vessel for CGGVeritas Services of France.
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    <title>Grandweld extends Sharaf Shipping relationship</title>
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    <pubDate>Wed, 12 Nov 2008 14:41:21 +0400</pubDate>
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        Grandweld, a UAE-based shipbuilding, ship repair and conversion specialist, part of the GMMOS Group, has celebrated the keel laying ceremony for two new vessels for Sharaf Shipping Agency.
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    <title>Abraaj Capital agrees to buy stake in Karachi Electric Supply Company</title>
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    <pubDate>Wed, 15 Oct 2008 15:13:25 +0400</pubDate>
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        Abraaj Capital has entered into an agreement  to acquire a stake in the biggest shareholder of Karachi Electric Supply Company Limited (KESC), the city's sole power provider.
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