Saturday 19 April 2014
 
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share sale

Damac raises $348m in London share sale

Dubai's Damac said it raised $348 million from its London share offer on Tuesday, a lukewarm response to the first share sale by a Dubai property firm since the emirate's real estate crash four years ago. The luxury housin

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Saudi firms get approval for share sale

Saudi Arabia's market watchdog has approved share sales by two companies based in the kingdom that will take place before the end of the year, the first such listings since May. Bawan Company, a Riyadh-based building materials

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Sembcorp HV picks HSBC for Oman share sale

HSBC Holdings has been appointed to manage a public share offer of a joint venture firm that owns and operates a $1 billion water and power project in Oman, two banking sources said on Tuesday. Singapore's Sembcorp Utilities,

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Britain to launch public sale of Lloyds, RBS

British finance minister George Osborne will launch the early sale to the public of shares in bailed-out lender Lloyds Banking Group, the Sunday Times reported without citing sources. Shares the government owns in Royal Bank of Sc

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NBK Capital exits Turkey hospital chain

NBK Capital, a leading bank in Kuwait, has announced the sale of its equity stake in Dunya Goz, Turkey’s largest ophthalmology hospital chain, to the founding shareholder. This is yet another realization for NBK Capital Equi

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Abu Dhabi holding firm Senaat plans share sale

  An Abu Dhabi government-owned holding company may sell its own shares or off-load a stake in one of its main businesses as part of plans to spur listings on the local stock market, three sources f

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HSBC plans $17bn share sale

HSBC, Europe's biggest bank, plans to raise more than 12 billion pounds ($17 billion) in a share sale aimed at propping up its capital base in order to cope with the economic crisis, the Financial Times reported on Saturday. The FT said th

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Albaraka eyes $60m Indonesia deal

Bahrain Islamic lender Albaraka Banking Group said it was eyeing an Indonesian acquisition of about $60 million and a $40 million share sale in Pakistan to expand the industry's largest branch network. Albaraka, which sold shares in a Turk

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Egyptian Resorts share sale put off

The Egyptian government indefinitely delayed an auction for its 24 percent stake in Egyptian Resorts that had been scheduled for Tuesday, an official said. The official at state-owned National Bank of Egypt, who declined to give his name,

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