Brazil’s EBX group sells $2 bln stake to Mubadala
Dubai/Rio de Janeiro, March 26 (Reuters) – Abu Dhabi state investment fund Mubadala said on Monday it will buy a $2 billion stake in Brazil’s EBX Group, providing fresh capital to the Brazilian...
View ArticleHSBC buys key Lloyds banking units in UAE
DUBAI (Reuters) – HSBC (HSBA.L: Quote, Profile, Research, Stock Buzz), Europe’s largest bank, is buying the onshore retail, corporate and commercial banking business of Lloyds Banking Group (LLOY.L:...
View ArticleExclusive: Batelco eyes CWC assets in $1 billion telco deal – sources
DUBAI (Reuters) – Bahrain Telecommunications Co BTEL.BH is in talks with Cable & Wireless Communications (CWC.L: Quote, Profile, Research, Stock Buzz) to buy its assets in Monaco and a host of...
View ArticleUAE’s Dana Gas won’t pay bond on maturity-sources
DUBAI, Oct 30 (Reuters) – Dana Gas is set to become the first United Arab Emirates (UAE) company to fail payment of an Islamic bond on maturity, three sources familiar with the matter told Reuters on...
View ArticleExclusive: UAE’s Dana Gas won’t pay bond on maturity – sources
DUBAI (Reuters) – Dana Gas DANA.AD is set to become the first United Arab Emirates (UAE) company to fail payment of an Islamic bond on maturity, three sources familiar with the matter told Reuters on...
View ArticleUAE’s Dana Gas won’t repay bond-sources
DUBAI, Oct 30 (Reuters) – Dana Gas is set to become the first United Arab Emirates (UAE) company to fail to pay an Islamic bond on maturity, three sources familiar with the matter said on Tuesday,...
View ArticleExclusive: UAE’s Dana Gas won’t repay bond – sources
DUBAI (Reuters) – Dana Gas DANA.AD is set to become the first United Arab Emirates (UAE) company to fail to pay an Islamic bond on maturity, three sources familiar with the matter said on Tuesday,...
View ArticleGulf investors shrug off Iran risk
DUBAI (Reuters) – Gulf investors are far less nervous about the possibility of a U.S. or Israeli strike against Iran after the re-election of U.S. President Barack Obama, paving the way for further...
View ArticleDubai lender ENBD eyes bond sale to repay govt funds – sources
DUBAI, March 10 (Reuters) – Emirates NBD (ENBD), Dubai’s largest lender, has hired six banks to help arrange a benchmark-sized subordinated bond sale, four sources familiar with the plan said, as it...
View ArticleDubai lender ENBD eyes bond sale to repay government funds: sources
DUBAI (Reuters) – Emirates NBD ENBD.DU (ENBD), Dubai’s largest lender, has hired six banks to help arrange a benchmark-sized subordinated bond sale, four sources familiar with the plan said, as it...
View ArticleSaudi oil min says ready to meet crude demand
SEOUL, Sept 12 (Reuters) – The global oil market is well balanced and top exporter Saudi Arabia ready to supply whatever volume of crude is needed to meet demand, Saudi Oil Minister Ali al-Naimi said...
View ArticleCanada readies back-to-work legislation as CP rail workers strike
By Amran Abocar TORONTO, Feb 15 (Reuters) – Canadian Pacific Railway Ltd prepared to operate a reduced freight schedule run by its managers on Sunday, after talks on a new contract broke down and more...
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