Kuwait

In line with its product and geographic expansion plans, Abu Dhabi state-backed food and beverage producer Agthia Group has recently acquired Turkish spring water producer Pelit Su.... 2012-01-13

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

In a surprise, 11th-hour move, Turkey's Çukurova Holdings has tabled an offer to buy 29.9% of Zain Group for US$7.89bn. While the offer is smaller in scale than the US$12bn offered... 2011-01-14

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.

The UAE?s Etisalat has offered around US$12bn for a 46% stake in Kuwait?s Zain Group in a bid made directly to the latter?s investors. It is reported that Zain?s shareholders are likely... 2010-10-01

What a busy couple of weeks it has been for African telecoms. It seems India is not the only BRIC nation interested in taking a gamble on the long-term potential of the underdeveloped... 2010-02-22

In recent weeks, we have seen a flow of sovereign wealth funds (SWFs), who were the white knights that rescued struggling banks during the nadir of the financial downturn, cashing... 2009-12-09

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