Wednesday 16 April 2014
 
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Abu Dhabi fund buys into Rwanda bank IPO

Abu Dhabi's Invest AD said it has joined hands with a fund run by Japan's SBI Holdings to buy into the initial public offering of Bank of Kigali, Rwanda's largest bank by assets. Its entry into the $75 million IPO, which was co

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Abu Dhabi fund buys into Rwanda bank IPO

Abu Dhabi's Invest AD said it has joined hands with a fund run by Japan's SBI Holdings to buy into the initial public offering of Bank of Kigali, Rwanda's largest bank by assets. Its entry into the $75 million IPO, which was co

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Ahli Bank says no buys for now

Ahli United Bank, Bahrain's largest bank by market value, said on Tuesday that it was eyeing acquisitions outside the Gulf but would hold off from doing any deals until markets settle. 'To be realistic in the current environment, w

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Aramex eyes key China acquisitions

Logistics group Aramex is nearing several strategic acquisitions in China or southeast Asia as falling prices make takeovers increasingly appealing, chief executive Fadi Ghandour said on Saturday. The Dubai-listed company expects earnings

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Taqa buys Shell, Exxon North Sea interests

Abu Dhabi National Energy Company (Taqa) said on Monday it had bought northern North Sea equity interests from Shell and ExxonMobil. 'The sale includes all equity, associated infrastructure and production licences relating to the vendor's

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Saudi Egyptian Investment buys into Arab Dairy

Egypt's Saudi Egyptian Investment and Finance Company said on Tuesday it had acquired 12.5 percent of Arab Dairy Company for 48.6 million Egyptian pounds ($9.1 million). The company said the move raised the total number of shares it owns i

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Dubai World buys Wal-Mart property firm Gazeley

Dubai World said on Tuesday it had bought property developer Gazeley Limited from Wal-Mart, and a source familiar with the matter said the Dubai government investment firm had paid between 300 million and 400 million pounds ($588-$784 million).

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