United Arab Emirates
Finance
The acquisition of US electric car producer Phoenix Motorcars by Dubai-based conglomerate Al Yousuf Group, has opened up the possibility of not just domestic vehicle production in the...
2010-07-28Finance
UAE-based Du has secured a vendor financing deal with Nokia Siemens Networks (NSN), reports Trade Arabia. The agreement is supported by Finnish credit export agency Finnvera,...
2010-04-07Finance
UAE-based company RAK Petroleum raised its stake in Middle East-focused producer DNO International to 20.5% on March 19, in a move seen as a potential precursor to a takeover bid....
2010-03-23Finance
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...
2009-11-18Finance
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
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...
2009-08-18Finance
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
In a long-overdue move toward reorganization in Dubai's swollen property market, the Middle East's largest real estate company Emaar Properties has said that it will merge with three...
2009-06-30
