Arabtec CEO Encourages Aabar To Raise Stake
The chief executive of Arabtec Holding yesterday said he considers Aabar Investments a key strategic stakeholder…
Rasmala To End Research Department
Rasmala Investment Bank Ltd, which had an equity research tie-up with Royal Bank of Scotland Group, is closing its…
Singapore Bank Lending Rises 1.5% In March
Total bank lending in Singapore rose 1.5 percent in March from February, central bank data showed on Monday.Bank…
US Consumer Spending Rises as Incomes Increase
Consumer spending in the U.S. climbed in March after the biggest gain since August 2009, and incomes picked up,…
Unipec Sues BNP Paribas
Unipec Asia Company Ltd, a subsidiary of China Petroleum and Chemical Corp, has sued BNP Paribas in Hong Kong to…
Etihad Pitches Asian Links To European Airlines
Etihad Airways is pitching improved Asian links to major European carriers as it seeks tie-ups in the region, chief…
Sorouh Profit Rises 22% As Project Revenues Grow
Developer Sorouh Real Estate said yesterday the evaluation process to look at the legal and business aspects of a…
CBE To Offer EGP 2.5 Bln Bonds
Central Bank of Egypt (CBE) will offer EGP 2.5 billion ($413.5 million) in reopened bonds at an auction on May 7.…
Saudi Project To Boost Religious Tourism
In anticipation of the 15.8 million visitors that are expected to flock to Saudi Arabia for religious tourism by…
Nokia in Talks to Sell its Luxury Subsidiary “Vertu”
Cell phone maker Nokia is in talks to sell its UK luxury subsidiary Vertu, which hand makes some of the world's…