Kuwait

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... 2011-09-29

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.

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... 2011-03-22

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.

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

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... 2009-07-28

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... 2009-05-19

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

CFW's view on the importance of the infrastructure sector for private equity firms continues to play out, and on December 16 Australia's Macquarie Group and the Abu Dhabi Commercial... 2008-12-22

On September 14 Dubai Group announced that it has become a founding shareholder in Mazaya Saudi. The group purchased a 20% stake in the Saudi Arabia-based real estate developer via... 2008-09-17