United Arab Emirates
Finance
CFW believes that the latest acquisition by UAE-based logistics company Aramex is in keeping with its aggressive expansion strategy, and in particular its focus on acquisitions and...
2011-12-13Finance
FRiENDi Mobile, a leading mobile virtual network operator (MVNO) in the Middle East and North Africa (MENA), plans to launch an IPO in 18 to 24 months as well as win another four to...
2011-12-08Finance
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
Dubai developer Nakheel announced in August 2011 that it planned to issue AED3.8bn (US$1.03bn) of Islamic bonds to creditors and contractors as part of the company's US$16.1bn debt...
2011-09-13Finance
The Middle East's fastest growing airline is about to get bigger.
2011-06-07Finance
The announcement that indebted Dubai developer Nakheel will separate from parent company Dubai World to become a state-owned entity is the latest instalment in a saga that has seen...
2011-05-19Finance
UAE-based Dana Gas is considering a secondary listing in London, the company's CEO, Ahmed al-Arbeed, told UAE newspaper The National on April 20 2011.
2011-04-20Finance
Gulf-focused oil field services provider Lamprell confirmed on April 8 2011 that it is in talks with Norway-listed Maritime Industrial Services (MIS) on acquiring 100% of the latter's...
2011-04-08Finance
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
News: UAE-based Etihad Airways has entered into a joint venture with Armaguard Group, a subsidiary of Australia-based logistics company Linfox, in order to move valuable goods worldwide.
2011-02-25



