Friday 28 August 2015
 
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Aabar

Aabar appoints Al Mehairi as CEO

Aabar Investments, a subsidiary of the International Petroleum Investment Company (IPIC), has appointed Mohamed Hamad Al Mehairi as its chief executive officer with effect from August 24. He replaces Mohamed Badawy Al Husseiny, wh

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Aabar appoints Al Mehairi as CEO

Aabar Investments, a subsidiary of the International Petroleum Investment Company (IPIC), has appointed Mohamed Hamad Al Mehairi as its chief executive officer with effect from August 24. He replaces Mohamed Badawy Al Husseiny, wh

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‘UniCredit bonds not an exit from bank investment’: Aabar

Abu Dhabi fund Aabar Investments said its sale of €2 billion ($2.2 billion) of bonds exchangeable into shares of UniCredit was not an exit from its investment in the Italian bank, but a way to improve its own finances. Aabar

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Aabar to raise $2.2bn via UniCredit exchangeable bonds

Abu Dhabi's Aabar Investments could raise up to 2 billion euros ($2.2 billion) by launching bonds exchangeable into shares of Italian bank UniCredit, to raise funds and help buy back a Daimler exchangeable bond. Aabar, which o

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Aabar readies bond exchangeable into Unicredit stock

Abu Dhabi's Aabar Investments is preparing a bond that can be exchanged for shares in Italian bank UniCredit SpA, a source familiar with the matter said on Monday. A spokesman for Aabar, which has a stake of just over 5 per ce

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Aabar to tighten grip on Dubai builder Arabtec

A subsidiary of Aabar Investments has received regulatory approval to buy a further 100 million shares in Arabtec, strengthening the Abu Dhabi state-run fund's hold on the Dubai-listed builder, according to a bourse filing on Monday.

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ManCity Women’s Football Club in new deal with aabar

Manchester City’s official club partner Aabar Investments has entered into a new deal with the club’s women’s team, Manchester City Women’s Football Club (MCWFC). As part of the agreement, Aabar will sponso

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Ex-Arabtec chief plans sale of remaining stake

The former chief executive of Dubai-listed construction firm Arabtec Holding plans to sell his remaining stake in the company, a source with knowledge of the matter told Reuters on Wednesday. However, Hasan Ismaik will only offloa

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Arabtec Q3 net profit plunges 32pc

Dubai's largest contractor Arabtec reported a 32 per cent drop in third-quarter net profit on Sunday, missing analysts' estimates by a wide margin as general expenses nearly doubled from a year earlier. The builder, in whi

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Abu Dhabi fund Aabar ups Arabtec stake to 34.9pc

Abu Dhabi state fund Aabar Investments raised its stake in Dubai-listed construction firm Arabtec to 34.93 per cent from 18.94 per cent with an off-market trade on Tuesday, the bourse said in a statement. The trade, which made Aab

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