Sunday 29 May 2016
 
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consortium

Bahraini banks acquire key US real estate portfolio

A consortium of Bahrain-based lenders Venture Capital Bank (VC Bank) and Seera Investment Bank has acquired a major real estate portfolio consisting of two multifamily residential assets in Atlanta (US) comprising 866 units.  

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First bioenergy research facility to open in Abu Dhabi

The Sustainable Bioenergy Research Consortium (SBRC) is set to begin operating in March, the world's first bioenergy research facility using desert land - irrigated by seawater - to produce both food and aviation fuels.  

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GS consortium awarded $700m Oman plant deal

A consortium led by Korean company GS Engineering and Construction has been awarded a major contract by Oman Oil Refinery and Petroleum Industries Company to develop a natural gas liquids (NGL) extraction plant at an investment of $700 million i

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GS consortium awarded $700m Oman plant deal

A consortium led by Korean company GS Engineering and Construction has been awarded a major contract by Oman Oil Refinery and Petroleum Industries Company to develop a natural gas liquids (NGL) extraction plant at an investment of $700 million i

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1MDB nears sale of power assets to China/Qatar consortium

Malaysia's 1MDB is nearing the sale of its power assets to a consortium including Qatar's Nebras Power and China General Nuclear Power Holding Corp, people familiar with the matter said on Friday, in a deal that would bring relief to t

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Consortium acquires majority stake in Fawry for $95m

A consortium of international financial investors has acquired a majority stake in Fawry, a leading electronic bill presentment

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Kazakhstan to team up with oil majors to develop Caspian Depression

Kazakhstan plans to form a consortium with global energy companies to explore and develop potentially huge hydrocarbon reserves in the Caspian Depression, Energy Minister Vladimir Shkolnik said.   Central Asia

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Bahrain hotel is sold by DIC to consortium

Dubai International Capital (DIC), the private equity arm of Dubai Holding, has announced the sale of the Holiday Inn Express in Manama to a private consortium for an undisclosed sum. The hotel was owned by DIC through its subsidi

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VW explores LeasePlan sale as part of cost cutting drive

Volkswagen is in talks to sell a 50 per cent stake in financing arm LeasePlan to a consortium including the Abu Dhabi Investment Authority, a source familiar with the plan said, as the carmaker cuts costs and refocuses its business.

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5-member consortium wins systems deal for Doha Metro

A five-member consortium has received a ‘Letter of Conditional Acceptance’ from the Qatar Railways Company for a systems package of the Doha Metro, the first metro system to be constructed in Qatar. The consortium cons

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