Saudi Arabia

Saudi telecoms group Etihad Atheeb Telecommuniations (Atheeb), one of the Kingdom's new fixed-line licensees, has confirmed that it is planning to raise up to US$80mn in an initial... 2008-12-30

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

Leading Saudi Arabian dairy company Almarai has made an offer to take over local company Hail Agricultural Development (HADCO) in a share-swap deal. Almarai, which is the Gulf's largest... 2008-11-11

The Capital Partnership (TCP), a Dubai-based specialist asset manager for institutional and high net worth clients, has been acquired by larger, local rival NCB Capital, based in... 2008-10-23

Dubai Group subsidiary Dubai Ventures Group has paid US$76.9mn to become Acacia Real Estate Limited's largest stakeholder. It announced on September 29 that it now holds a 51% stake... 2008-10-01

The Saudi Capital Market Authority (CMA) announced on August 25 that France's BNP Paribas has purchased a 25% stake in SAIB Asset Management, an affiliate of Saudi Investment Bank.... 2008-08-27

Kuwait's Global Investment House (GIH) announced on June 17 that it plans to list its private equity fund Global MENA Financial Assets on the London stock exchange. GIH plans to... 2008-06-19

Saudi Kayan Petrochemical Company has finalised US$6bn in loans to finance some of its costs for its new complex in Saudi Arabia's industrial city, Jubail. The US$6bn consists of... 2008-06-06

Zain of Kuwait is considering selling shares worth as much as US$5bn in an initial public offering (IPO) that could be carried out in Europe in 2009, according to an interview with... 2008-05-22

State-owned Saudi Arabian Mining Company (Maaden) has been given approval by the Capital Market Authority (CMA) to raise US$2.47bn in an initial public offering in July. The company... 2008-05-20