Kuwait’s Burgan bank eyes 25% stake in Maltese bank
Kuwait's Burgan Bank, which recently bought the Turkish arm of EFG Eurobank, announced that it is planning to buy a...
Finance
Kingdom Holding plans up to $500 million loan
Saudi Arabia's Kingdom Holding Co. is planning to raise up to US$ 500 million from a syndicated loan, with the...
Mena oil producers plan $740 billion investment in energy projects
Oil producers in the Middle East and North Africa plan to invest $ 740 billion in energy projects in the...
UAE leads as ME M&A activity doubles to $15.7billion
Middle Eastern M&A activity recorded deals worth $15.7 billion during the first nine months of 2012, more than double the...
Qatar Telecom raises stake in Kuwait's Wataniya to 92.1%
Qatar Telecom announced that it has raised its stake in Kuwait's Wataniya to 92.1% following the conclusion of its tender...
DEXIA Bank sells 90% OF BIL to Qatar’s Precision Capital
Franco-Belgian bank Dexia announced that it has sold its Luxembourg unit for US$ 950 million Qatar’s Precision capital after an...
QNB raises shares in Iraqi Mansour Bank
Qatar National Bank ( QNB ) disclosed that it raised its share in Iraqi Mansour Bank by 51%. In a...
Qatar eyes stake in Morgan Stanley’s commodities unit
Qatar Investment Authority, the country's sovereign wealth fund, is in talks to buy a majority stake in Morgan Stanley’s commodities...
HSBC: Lebanon’s financial solidity remains intact
International investment bank HSBC said that Lebanon’s financial solidity remained intact despite the deepening conflict in Syria. Yet, the bank...
Dubai attracts US$ 4.5 billion worth of FDI
According to the latest statistics published by the Department of Economic Development, Dubai attracted US$ 4.5 billion in foreign direct...
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