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Warburg Pincus closes $1.2bn global fundWarburg Pincus, a leading global private equity firm focused on growth investing, has announced the closing of a $11.2 billion global fund, which witnessed active participation from a lot of number of Middle Eastern investors. More… |
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Millward Brown unveils new brand equity modelMillward Brown, one of the world’s leading brands and insight agencies, has launched a new breakthrough model, 'Meaningfully Different Framework,' that leverages brand equity for financial growth. The new model will More… |
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Serbia's JAT gets marketing alliance with EtihadSerbia's loss-making JAT Airways has secured a marketing alliance with UAE national airline Etihad Airways to share route-booking codes, stopping short of the equity tie-up mooted by Serbia's government. Mired in recession and s More… |
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Etihad flies high with $900m Q1 revenueUAE national carrier Etihad Airways said it revenue for the first quarter rose 19 per cent to hit $900 million from $758 million last year on the back of increased passenger numbers and its wide-ranging partnerships. Announcing th More… |
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Etihad equity partner returns to profitUAE national airline Etihad said its equity partner Air Seychelles, the flag carrier of Indian Ocean island country Seychelles, has posted its first net profit after three years of losses. A net profit of $1 million was achieved j More… |
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Global shares surge on strong US jobs reportWorld equity markets rallied and the US dollar strengthened on Friday after an unexpectedly sharp jump in US employment in February reinforced the view that the world's biggest economy is gaining traction. The Dow Jones indust More… |
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Bahrain Bourse targeting big growth pushBahrain Bourse is working towards creating a full-fledged business model for buyers and sellers alike, the exchange's top official said yesterday. Bahrain Bourse director Fouad Rahman Rashid was addressing a gathering of inter More… |
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Bank Muscat gets $195m equity investment from IFCBank Muscat agreed on an equity investment worth 75.1 million rials ($195.1 million) from the International Finance Corp, it said on Wednesday, a move which will bolster the capital base of Oman's largest lender. More… |
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Fitness First eyes $150m regional pushFitness First Middle East, a health club chain operated under licence by Mena franchise owner Landmark Group, has announced plans to inject $150 million through fresh equity and internal accruals over a three-year period. Since it More… |
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Investcorp eyeing Italy luxury brandsBahrain-based Investcorp, one of the Middle East's largest private equity firms, is on the lookout for Italian luxury and retail brands that want to expand internationally a top official said. "We have spent a lot of time More… |
