Dubai-based Emirates NBD and Mashreq Bank are eyeing the retail operations of Royal Bank of Scotland in the United Arab Emirates.
Dubai Holding, the investment conglomerate owned by Dubai's ruler, is looking at options that could include restructuring as much as $20 billion worth of debt, the Financial Times reported on Monday.
Qatar, which already holds stakes in German carmakers Porsche and Volkswagen, is eyeing further investments in Europe, Qatar's deputy prime minister told a German newspaper."In Europe and especially
Bahrain-based Islamic investment bank Unicorn is close to signing a "big" mandate for asset management services in Saudi Arabia, a senior executive said on Tuesday.
DP World shares rose to a three-week high on Sunday after a newspaper report said it may offer new shares to shareholders and troubled parent Dubai World could sell an additional stake.The port oper
Four Omani pension funds are interested in buying Dubai Holding's stake in Bank Muscat through a consortium, two officials close to the pension funds said on Sunday.
Jay-Z and Alicia Keys have been booked to perform together at the 37th annual American Music Awards show next month in Los Angeles.
A European Union law that charges airlines for carbon emissions is "unacceptable" and would be a "deal breaker" for global climate change negotiations, India's environment minister said on Wednesday.
China, the world's biggest agricultural products consumer, has swooped in to import copious amounts of corn and soy products from the United States and elsewhere this week, taking advantage of the slu
Louvre Hotels, owned by US investment group Starwood Capital, said on Wednesday it planned to open 80 new hotels in 2011, mostly in Europe and Asia.
