Friday 29 August 2014
 
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Holding

Dubai Holding gives $1.3m for obesity research

Dubai Holding, a leading investment holding company, is set to fund Dh5 million ($1.3 million) towards Al Jalila Foundation’s obesity research in the UAE.   The foundation’s Obesity Research Fund aims

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Kingdom Holding to invest $400m in Rizvi Fund

Saudi Arabia-based Kingdom Holding Company (KHC) is set to invest about $400 million in the Rizvi Opportunistic Equity Fund III.   The fund is specialised in pre-IPO opportunities in well-known and well-managed c

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Expat killed at Saudi workers' holding facility

At least one expatriate man was killed and nine were wounded when Saudi security forces intervened to quell a riot at a holding facility for foreign workers awaiting deportation near Makkah, Saudi media reported on Monday. Saudi A

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Abraaj eyes Turkey's Calik media assets

Dubai-based Abraaj Capital is among companies interested in bidding for the media assets of Turkey's Calik Holding, ATV television and newspaper Sabah, which are being evaluated separately, two sources close to the sale process told Reuters.

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Abraaj eyes Turkey's Calik media assets

Dubai-based Abraaj Capital is among companies interested in bidding for the media assets of Turkey's Calik Holding, ATV television and newspaper Sabah, which are being evaluated separately, two sources close to the sale process told Reuters.

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UAE banks, holding firms good buys: Invest AD

Abu Dhabi-owned Invest AD believes select banks and holding companies in the United Arab Emirates are attractive buys despite the recent rally and the firm's Gulf fund does not shy away from taking off-market bets. Dubai's flagship

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Concern mounts as Dubai Bank rating cut

Ratings agency Fitch downgraded Dubai Bank on Tuesday as concerns mount that other Dubai companies to which it is connected, including its owner, state conglomerate Dubai Holding, face financial difficulties. Fitch cut its individual ratin

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