Denham Capital, a leading energy-focused global private equity firm, announced the formation of Endeavor Energy today. Denham is seeding the enterprise with an initial commitment of $100 million from its $3 billion Fund VI raised in 2012 and will obtain co-investment from other financial"...Read More >
Connectloud Inc., a software startup now in stealth mode, announced today that former Cisco Systems executive Zeeshan Naseh has been appointed as President and Chief Executive Officer. The company also announced that it is being advised by a slate of technology and business all-stars, including Abu Dhabi Bank executive M.A."......Read More >
The United Arab Emirates-based Rolman Group, headquartered in Dubai, reveals that its venture into the Kingdom of Saudi Arabia tapped into an expansive bearings market, which amounts to approximately USD 40-50 million; the company’s operations in"...Read More >
The joint venture brings together Arabtec Holding PJSC and Consolidated Contractors Group SAL (Holding Company) (CCC), two key players in the local, regional, and international construction industry.
In its capacity as development manager on behalf of the project owner, Aldar properties, through its subsidiary Aldar EuroAsia, awarded the multi billion...
Luxoft Holding, Inc announced today that it has commenced an initial public offering of 4,092,070 Class A ordinary shares pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission. Luxoft will be offering 2,046,035 Class A ordinary shares, and"...Read More >
Apollo Tyres Ltd (NSE: ApolloTYRE) and Cooper Tire & Rubber Company (NYSE: CTB) today announced the execution of a definitive merger agreement under which a wholly-owned subsidiary of Apollo will acquire Cooper in an all-cash transaction valued at approximately $2.5 billion. Under the"...Read More >
Harvest Fund Management (“Harvest”), one of China’s leading asset management companies, today announced that it has launched Harvest Krane, a pioneering joint venture between its international subsidiary, Harvest Global Investments, and Jonathan A. Krane and his team of"...Read More >
An ad hoc approach to IT outsourcing by many MENA telecom operators has led to results below expectations, according to a new study from Oliver Wyman, “Maximizing Value"......Read More >
The Dubai Chamber of Commerce and Industry concluded its first trade mission to the Commonwealth of Independent States visiting Kazakhstan and Uzbekistan recently.
The Dubai Chamber delegation, which was headed by its Chairman H.E. Abdul Rahman Saif Al Ghurair and comprised of 25 senior business leaders, met top"......Read More >
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