Safi Energy Company has secured $2.6 billion in financing to build a 1,386 MW coal-fired power plant in southern Morocco, state news agency MAP reported.
Turkish participation bank Kuveyt Turk plans to issue sukuk in Malaysia aiming to raise as much as 2 billion ringgit ($625.3 million), its first foray into the SE Asian Islamic...
Emaar Properties aims to raise as much as 5.8 billion dirhams ($1.58 billion) from an IPO of shares in its shopping malls unit that is expected to be the Gulf's...
Aluminium Bahrain (Alba) may look into an additional listing of its shares in Saudi Arabia, in what would be the latest blow to Bahrain's stock market.
Mashreq is targeting Egypt and Turkey for acquisitions to expand beyond its crowded home market, its chief executive told Reuters.
|Arabtec's plan for $40 bln Egypt housing scheme nearly completeDubai construction company Arabtec is close to completing the planning and design stage of its $40 billion deal to build one million homes in Egypt, the company said on Sunday. Full Article|
|NBO prices cheap $500 mln bond on high investor demandNational Bank of Oman raised $500 million in a debut bond issue on Tuesday, with significant demand from investors allowing the lender to price the transaction with only a slim new-issue concession and at a cheaper rate than competitors. Full Article|
|Dana Gas wins gas exploration deals in EgyptUnited Arab Emirates energy firm Dana Gas said on Monday that it had been awarded exploration deals for two onshore gas blocks in Egypt. Full Article|
|Interested in investing in United Biscuits: Yildiz Holding Turkey's Yildiz Holding, which owns food maker Ulker Biskuvi, said on Wednesday that it was interested investing in British snacks producer United Biscuits. Full Article|
|Etihad Rail set to launch next phase of UAE railway networkThe United Arab Emirates' railway developer Etihad Rail is set to secure government funding and award contracts to build the second phase of its $11 billion national rail network, its acting chief executive officer said on Tuesday. Full Article|
|Amanat Holdings to launch $374 mln Dubai flotation in OctUnited Arab Emirates-based Amanat Holdings, a healthcare and education start-up, will launch a 1.375 billion dirham ($374 million) share sale in Dubai next month, the latest firm to seek to capitalise on a recovery of investor confidence in the region. Full Article|
|Underground plansSaudi Arabia has awarded $22.5 billion contracts to build the Riyadh metro system. Full Article|
|Drawing a lineIndia set to halt Iran oil imports over insurance Full Article|
|MP Interview: Husam Hourani, Al Tamimi & CoAl Tamimi & Co Managing Partner Husam Hourani talks to Ranajit Dam about the highlights of his career, the challenges of running a regional firm, and how Al Tamimi & Co can hold on to... Full Article|
|Booming Gulf sukuk market brushes off Dana Gas debacleWhen United Arab Emirates-based natural gas producing company, Dana Gas, missed repaying a $920 million Islamic in November, it became the first UAE company to fail to redeem a bond on time. But the region's... Full Article|
|AEC Report: Potential, reality and the role for business 27 May 14 Vriens & Partners' crucial report - The ASEAN Economic Community - is now available. This detailed report can be purchased for just US$1,000 from the link at the top of this page. Click below for Table of Contents.|
|Islamic Finance Education: What Does It Entail? 03 Apr 14 When we talk about finance, we are really talking about the way the finance is managed at the individual, corporate or public levels. However, when we add the adjective Islamic to finance, it gives a completely different picture. Islamic finance...|
|ALB Employer of Choice 2013 17 Sep 13 Thousands of law firm employees across Asia, ranging from managing partners to support staff, were surveyed for two months and asked to rate their employers on the basis of job satisfaction, remuneration, work-life balance, career prospects, mentorship, job security and...|