Saturday 23 July 2016
 
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Mubadala takes control of Brazil tycoon's hotel, other assets

Mubadala Development, an Abu Dhabi-based investment and development company has taken ownership of Brazil’s first five-star hotel as well as stakes in four companies belonging to Brazilian tycoon Eike Batista. Mubadala had l

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Mubadala takes control of Brazil tycoon's hotel, other assets

Mubadala Development, an Abu Dhabi-based investment and development company has taken ownership of Brazil’s first five-star hotel as well as stakes in four companies belonging to Brazilian tycoon Eike Batista. Mubadala had l

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Dubal Holding mulls buying stakes in energy projects

Dubal Holding, the holding company for Dubai's stake in Emirates Global Aluminium and other assets, is considering possible acquisitions in local and international energy projects. The firm was looking for equity interests rel

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Dubal Holding mulls buying stakes in energy projects

Dubal Holding, the holding company for Dubai's stake in Emirates Global Aluminium and other assets, is considering possible acquisitions in local and international energy projects. The firm was looking for equity interests rel

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Qatar fund builds small stakes in BofA, Samsung

Qatar Holding has built small stakes in Bank of America and Samsung Electronics , two sources familiar with the matter said, as the wealth fund continues on its strategy of picking minority stakes in large global companies. The fu

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Ambani plans to boost stakes in RComm

Indian billionaire Anil Ambani plans to increase his stake in Reliance Communications as the debt-laden telecoms company founded by his family edges towards a sale of its phone tower unit after a year of trying. Reliance Comm has hired UBS

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Qatar sells $2bn Barclays stake

Qatar is selling 379.2 million shares in British bank Barclays, worth over 1.3 billion pounds ($2.1 billion), the second major Middle East investor set to make a big profit by selling down its stake this year. Qatar Holding, which will rem

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Ahli United Bank cleared to raise stakes

Bahrain-based Ahli United Bank said on Sunday it had received the initial approvals to increase its stakes in two banks in Egypt and Iraq. The lender has got the approval to increase its stake in its units, Egypt's Ahli United Bank and

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Aref Energy buys stakes from parent firm

Kuwait's Aref Energy Holding said it has bought from its parent company stakes in a Sudanese oil services and contracting company and an Omani drilling and oil services firm. "There will be no profit from the sale because Aref Energy Holdi

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CBK in talks to buy Iraq bank stakes

Commercial Bank of Kuwait (CBK), the country's fourth-largest lender by market value, said on Monday it is in talks to buy a stake in an Iraqi lender and could finalise the acquisition this year. "We are in negotiations to buy a stake from

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