Saturday 10 December 2016
 
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Al Habtoor sells stake in construction firm HLG

Dubai-based Al Habtoor Holding said it has sold all of its shares in construction firm Habtoor Leighton LLC (HLG) Contracting (formerly Habtoor Leighton). HLG was formed in 2007 following the merger of UAE-based contractor Al Habt

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Investcorp buys stake in Spanish group Agromillora

Bahrain-based Investcorp, a global provider and manager of alternative investment products, said it has completed the acquisition of a majority stake in Spanish group Agromillora. Founded in 1986 in Barcelona, Agromillora is a lea

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Investcorp buys stake in Spanish group Agromillora

Bahrain-based Investcorp, a global provider and manager of alternative investment products, said it has completed the acquisition of a majority stake in Spanish group Agromillora. Founded in 1986 in Barcelona, Agromillora is a lea

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Dubai group buys key stake in Swedish Plantagon

UAE-based Enspire, a key player in regional financial and infrastructural projects, has bought a significant stake in Plantagon, a world-leading pioneer within urban agriculture, that spearheads infrastructural food systems integrating energy, w

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BP buys 10pc stake in Egypt’s super-giant gas field

BP has reached an agreement with Italian oil company Eni to buy 10 per cent of its Shorouk concession offshore Egypt, which includes the super-giant Zohr gas field, for $375 million. On closing, BP will also reimburse Eni for BP&r

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UAE group Arkan approves 49pc foreign ownership

UAE-based Arkan Building Materials Company said it has won approval from the board of directors to open up its share register to foreign ownership. A leading construction materials company, Arkan was established in 2005. It is 51

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Dubai Aerospace to buy 80pc stake in Joramco

Dubai Aerospace Enterprise (DAE), an aircraft leasing and maintenance company controlled by the government of Dubai, said on Tuesday it had agreed to buy an 80 per cent stake in Jordan Aircraft Maintenance Limited (Joramco). DAE s

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Qatar Airways lifts stake in BA-owner IAG to 20pc

Qatar Airways lifted its stake in British Airways-owner IAG by about 4.34 per cent to 20 per cent but said on Monday that was its limit, buying shares worth about GBP375 million ($496.61 million) on what it called an attractive buying opportunit

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Mubadala to buy 20pc stake in Investcorp

Bahrain-based Investcorp, a global leader in alternative investment products, and Abu Dhabi’s Mubadala Development have agreed for Mubadala to acquire a 20 per cent interest in the company. The two-step transaction sees Muba

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Mubadala to buy 20pc stake in Investcorp

Bahrain-based Investcorp, a global leader in alternative investment products, and Abu Dhabi’s Mubadala Development have agreed for Mubadala to acquire a 20 per cent interest in the company. The two-step transaction sees Muba

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