 |
Group eyes Al Noor Medical IPOThe private equity consortium which owns half of Abu Dhabi healthcare provider Al Noor Medical is reviving plans to sell its stake through a stock market listing in 2013, four sources aware of the matter said. &nbs More… |
 |
Iran to sell oil via consortium, evade banIran has reached agreements with European refiners to sell some of its oil through a private consortium, an official said on Saturday, a move designed to circumvent sanctions intended to put pressure on Tehran to halt its disputed nuclear programm More… |
 |
EFG Hermes' takeover bid stallsAn attempt by a group of Egyptian and Gulf investors to buy the Middle East's biggest home-grown investment bank EFG Hermes has stalled after the consortium failed to secure enough EFG shares to challenge management. Planet IB made its More… |
 |
Saudi starts work on giant power plant projectSaudi-owned ACWA Power said it has started work on the largest independent power generation project in the world at Qurayyah on the eastern coast of the Kingdom. The project, to be developed on a BOO (build, own, operate) basis, will be lo More… |
 |
Dalia, Tamar consortium to ink $1bn natgas dealA consortium drilling for natural gas off Israel's Mediterranean coast said on Tuesday it signed a non-binding, $1 billion deal to supply Dalia Power Energies with 200 billion cubic feet of gas over 17 years. Delek Drilling told the Te More… |
 |
Gulf consortium buys Qatar engineering firmA consortium, comprising institutions from Qatar and Bahrain, has announced the acquisition of Qatar Engineering & Construction Company (QCon), one of Qatar’s leading industrial engineering and construction contracting companies. More… |
 |
Samena adds two new members to boardSamena Telecommunications Council, the multi-continent telecom consortium, has added Nayla Khawam, newly appointed chief of Orange Jordan and Dr Amer Awadh Al-Rawas, chief of Oman Telecommunications Company (OmanTel) to its board of directors. More… |
 |
BP-led consortium takes on Iraq's Rumaila oilfieldA consortium led by BP and including China's CNPC on Tuesday accepted a contract to develop Iraq's biggest oilfield, the 17-billion barrel Rumaila field in the south, Iraq's oil minister said. The original winner of the bidding More… |
 |
KHC seals $800m financing dealThe Kingdom Holding Company (KHC) has announced the signing of a SR3 billion ($800 million) financing agreement with a consortium of three banks - Samba, Riyad Bank and Banque Saudi Fransi. KHC chairman Prince Alwaleed bin Talal bin Abdula More… |
 |
Italy-Japan consortium wins Algeria LNG dealAlgeria's state energy conglomerate Sonatrach, on Sunday, said that it has signed a contract with a consortium of Italy's Snamprogetti and Japanese Chiyoda Corp to build an LNG plant. The 277 billion Algerian dinars ($4.49 billion) contrac More… |
