Kuwait
Finance
The purchase of a 25% stake in Zain Saudi Arabia has failed to materialise, with the consortium of bidders pulling out as proposed terms were not met. The sale of the unit, part of...
2011-09-29Finance
News: Kuwait's Ministry of Electricity and Water (MEW) has launched a tender to build an independent water and power plant project (IWPP) in Al-Zour North.
2011-03-29Finance
Etisalat, the UAE's leading integrated telecoms services provider, said on March 20 2011 that it is dropping six month long, US$12bn bid to acquire a 46% stake in Kuwait-based Zain...
2011-03-22Finance
Kuwait-based independent Kuwait Energy intends to launch an initial public offering (IPO) within the next nine months, the company said on October 10 2010.
2010-10-13Finance
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....
2009-10-14Finance
To those who thought sovereign wealth funds (SWFs) would hibernate until the end of the global recession, Qatar Investment Authority (QIA)'s involvement in the VW-Porsche megamerger...
2009-07-28Finance
Zain has finalised a deal to become the majority shareholder in Paltel, the incumbent telecoms operator in Gaza and the West Bank. The deal is in the form of a share swap that will...
2009-05-19Finance
Kuwait's banking sector crisis is ongoing despite the government's bail-out, fiscal stimulus and its sovereign wealth fund agreeing to provide liquidity to banks. The National Bank...
2009-02-11
