News and analysis on global M&A and corporate financing strategies

Middle East & Africa


Latest Stories

Finance

There was a time when invitations from Libya's Colonel Ghadafi were discreetly declined, but emerging market investors are now increasingly drawn towards Libya, which Templeton Asset Management's Mark Mobius has rebranded 'the ideal frontier market'. This week, Libya invited foreign banks to submit applications to take minority interests in the country's banks. The Central Bank... 2010-02-22


Uganda / Companies

SABMiller has acquired Uganda's market leading bottler water manufacturer Rwenzori Bottled Water Limited as part of a wider group strategy to strengthen its non-alcoholic portfolio... 2010-02-17


Nigeria / Finance

The final stage of financial bidding in the privatisation of Nigerian telecoms incumbent Nitel is to open on February 16 2010. The Bureau of Public Enterprises (BPE) has said that... 2010-02-10


Financing Strategies

Iran

Iran Khodro Company (IKCO) has taken a step closer to total self-sufficiency in its vehicle production after acquiring the technology to produce its own powertrains. The company has... 2010-01-06


You thought that Europe was playing catch-up to the US in corporate bond issuance. With still more catching-up to do, it seems that Africa is the next continent stepping up to the... 2009-10-27


United Arab Emirates

Bahraini investment agencies Mumtalakat Holdings and Investment Corporation Dubai (ICD) are set to take the next step in the metamorphosis of sovereign wealth funds, with both now... 2008-08-14


United Arab Emirates

Bahraini investment agency Mumtalakat Holdings and Investment Corporation Dubai (ICD) have shown that Gulf sovereign wealth funds (SWFs) will continue to stay front and centre, with... 2008-08-14

IPO And Privatisation Analysis

Nigeria

The final stage of financial bidding in the privatisation of Nigerian telecoms incumbent Nitel is to open on February 16 2010. The Bureau of Public Enterprises (BPE) has said that... 2010-02-10


United Arab Emirates

UAE-based Metito, which designs and supplies water and wastewater treatment and desalination systems, is mulling over an IPO in 2010 to finance expansion in the water infrastructure... 2009-08-18


Egypt

Egypt's state-owned Misr Insurance may launch an IPO of its life unit by July 2010 if conditions are favourable, according to the chairman of the Insurance Holding Company. beginning... 2009-07-08


Qatar

The Porsche-Volkswagen (VW) soap opera rumbles on. Porsche has been pursuing VW for years and currently controls around 70% percent of the larger company - a 51% direct stake, plus... 2009-07-08

M&A Analysis

There was a time when invitations from Libya's Colonel Ghadafi were discreetly declined, but emerging market investors are now increasingly drawn towards Libya, which Templeton Asset... 2010-02-22


Uganda

SABMiller has acquired Uganda's market leading bottler water manufacturer Rwenzori Bottled Water Limited as part of a wider group strategy to strengthen its non-alcoholic portfolio... 2010-02-17


Italy's Eni, Occidental Petroleum and Korea Gas have just signed a deal to develop the Zubair oil field in southern Iraq, in a 20-year contract which involves US$20bn in investment.... 2010-01-26


Following Santander Brasil's double listing in New York and Sao Paulo (the US$8.1bn IPO is the largest global IPO so far this year), the Brazilian unit has attracted yet more interest.... 2009-10-14

Private Equity/LBO Analysis

Anyone looking for evidence that the crisis creates opportunities just has to take a look at Africa. Before the crisis, it was viewed as the continent which had been bypassed by globalisation.... 2009-09-02


South Africa

A US-based private equity fund has announced plans to double its investment in the South African housing market by year end, as part of its search for new opportunities across Africa... 2009-08-25


United Arab Emirates

Dubai World subsidiary Dubai Ports is reportedly in talks with Middle Eastern private equity (PE) firm Abraaj Capital over the sale of a minority stake, in a move that would come... 2009-05-13


The Abu Dhabi Investment Company (ADIC) together with UBS Global Asset Management have announced the first close of a joint infrastructure fund targeting the Middle East and North... 2009-05-07

SWF Analysis

United Arab Emirates

Sovereign-linked UAE funds are continuing to target foreign assets in a bid to diversify their portfolio and reduce their reliance upon oil. This year Aabar Investments, which is... 2009-11-18


Libya

While many Gulf sovereign wealth funds have had their fingers burned by the credit crunch and the global financial crisis, Libya is looking to take advantage of the opportunities... 2009-03-29


United Arab Emirates

The government of Abu Dhabi in the United Arab Emirates has sent a letter outlining the investment principles of its sovereign wealth funds (SWFs) to the US Treasury Department, as... 2008-03-19