Goldman buys $40m warrants in DrakeGoldman Sachs bought warrants worth 147 million dirhams ($40 million) in Dubai's Drake & Scull International, less than a week after helping arrange a loan facility for the contracting firm. More… |
Drake & Scull inks $120m loan dealDrake & Scull International (DSI), a regional leader in integrated design, engineering and construction, has signed a $120 million loan deal to help pursue its growth plans in North Africa, Asia and other growth markets. The five-ye More… |
KIA announces $500m Russian investmentSovereign wealth fund Kuwait Investment Authority (KIA) has announced a $500 million investment in Russian Direct Investment Fund (RDIF) as part of its global strategy. The announcement was made during a meeting at the St. Petersburg Inter More… |
Abu Dhabi picks banks for realty merger talksAbu Dhabi picked Goldman Sachs and three other banks as financial advisers on the state-backed merger of the emirate's two largest property firms, four sources said on Monday, adding momentum to the process. Aldar Properties More… |
Al Habtoor, Goldman Sachs discuss tie-upsKhalaf Al Habtoor, the chairman of the Al Habtoor Group, recently held a meeting with vice-chairman of Goldman Sachs Group Michael Evans to discuss possible business collaborations. The main topics of conversation between Al Habtoor and Ev More… |
Saudi investors 'warm to Goldman sukuk'Saudi investors are warming to a sale of $2 billion of Islamic bonds by US investment bank Goldman Sachs, banking sources told Reuters, lending support to a sukuk which has run into controversy over whether it complied with Islamic principles. More… |
Goldman advisor defends $2bn sukuk planAn advisor to Goldman Sachs has defended the US bank's $2 billion Islamic bond programme against criticism it may contravene religious principles. In October, Goldman registered the sukuk programme with the Irish Stock Exchange. More… |
Oil prices will continue to rise: GoldmanGoldman Sachs forecast the price of Brent crude oil at $130 a barrel in 2013, saying crude will continue to rise even in a poor economic growth environment. Making public its 2013 forecast for the first time, the firm also predicted the pr More… |
MF Global files for bankruptcyMF Global Holdings Limited, the futures broker run by former Goldman Sachs chief Jon Corzine, has filed for Chapter 11 bankruptcy after a tentative deal with a buyer fell apart. The firm's meltdown in less than a week is a stunning set More… |
Goldman sets up $2bn sukuk programmeGoldman Sachs has registered a $2 billion Islamic bond programme, providing further evidence of conventional borrowers looking to sharia-complaint funding sources as market volatility makes raising debt finance more difficult. The investme More… |








