Wednesday 22 May 2013
 
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Exxon 'must deal with Kurdish pacts first'

Exxon Mobil is moving "along the right path" after meeting with Iraq's Prime Minister Nuri al-Maliki, but must deal with its disputed Kurdistan deals before any final agreement on it staying in southern oilfields, an Iraqi oil offi

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Etihad's 'Breaking Deals' for Bahrain travellers

  Abu Dhabi-based Etihad Airways has launched a series of ‘Breaking Deals’ for its Bahrain customers to 43 top destinations in Europe, the Far East, the US, and the Middle East. The promotion includes flights t

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StanChart eyes joint deal with US agencies

  Standard Chartered is pursuing a collective settlement with other US authorities after speedily agreeing to pay $340 million to New York's financial regulator, which broke ranks with early revelations that the bank hid bann

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Aramco, Sumitomo to sign Rabigh deals soon

State oil giant Saudi Aramco and Japan's Sumitomo Chemical are close to signing multi-billion-dollar contracts to expand their petrochemical complex in Saudi Arabia, industry sources said. Aramco and Sumitomo have taken longer than exp

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Construction Tech bags Iraq deals

Construction Tech has bagged two significant deals in Iraq totaling over $47 million as it firms up its presence in the country across reconstruction and redevelopment activities. The deals include a prestigious $45 million deal for the re

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Mena M&A deals plunge 40pc in Q1

The mergers & acquisitions (M&A) deals announced in the Mena region dropped by 40 per cent in value to $8.5 billion during the first quarter of 2012 from $14.1 billion last year, said a report. The volume of announced M&A deals

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Major deals, new products at GIF

Several deals together worth millions were signed on the second day of the Gulf Industry Fair (GIF 2012), as exhibitors launched new products and services during a busy day for the northern Gulf’s premier industrial trade show. Exhibitor A

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Libya demands Eni helps rebuild country

Libya's government told its biggest oil investor, Italy's Eni, to help rebuild the country while it is reviewing some deals although the company said that oil deals were so far safe. Almost all global oil companies signed contracts with t

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Sial attracts $350m worth of deals

The second edition of Sial Middle East, the regional show of the world’s largest food industry exhibition, concluded last week in Abu Dhabi with Dh1.3 billion ($350 million) worth of deals inked at the event. The exhibition, whi

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Islamic finance experts in deals push

Leading Islamic bankers and corporate borrowers discussed ways to boost deal flow in the Islamic corporate finance space at the 'International Summit on Islamic Corporate Finance' which opened in Abu Dhabi on Tuesday. The summit ad

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