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UAE’s Abu Dhabi Islamic Bank Q2 profit jumps (Reuters)
July 18, 2010 by admin · Leave a Comment
Reuters - UAE lender Abu Dhabi Islamic Bank reported a 56 percent increase in second quarter profit as it recorded lower credit provisions, beating analysts’ forecasts.
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UAE’s Abu Dhabi Islamic Bank Q2 profit jumps
(Reuters)
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UAE regulator urges higher buyout offer for Aabar (AP)
July 18, 2010 by admin · Leave a Comment
AP - The Emirates’ market watchdog is calling on Aabar Investments’ top shareholder to boost its offer to buy out minority shareholders by more than a third.
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UAE regulator urges higher buyout offer for Aabar
(AP)
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China’s CNPC seeks to contain oil spill after pipe blast (Reuters)
July 17, 2010 by admin · Leave a Comment
Reuters - China’s largest oil company, China National Petroleum Corp (CNPC), sought to contain ocean pollution and other impacts from an explosion of two crude oil pipelines in the northeastern port of Dalian, state media reported on Sunday.
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China’s CNPC seeks to contain oil spill after pipe blast
(Reuters)
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Arabtec’s Aabar deal may signal looming losses (Reuters)
January 10, 2010 by admin · Leave a Comment
Reuters - Dubai-based Arabtec Holding may need a $1.7 billion investment by Abu Dhabi’s Aabar Investments to cope with future losses, analysts said on Sunday, as its shares fell 6.9 percent.
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Arabtec’s Aabar deal may signal looming losses
(Reuters)
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Dubai’s Arabtec says Aabar to acquire 70 percent stake (Reuters)
January 9, 2010 by admin · Leave a Comment
Reuters - Dubai-based Arabtec confirmed on Saturday that Abu Dhabi’s Aabar Investments is looking to finalize a deal on January 13 to acquire a 70 percent stake in the company for $1.7 billion.
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Dubai’s Arabtec says Aabar to acquire 70 percent stake
(Reuters)