Denham Capital Forms Endeavor Energy

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"...

Former Cisco Senior Exec Zeeshan Naseh Appointed to Lead Connectloud...

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."......

Rolman Group’s KSA Venture Taps into USD 40 Million Bearings...

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"...

Aldar awards nearly Dhs4bn contract in Kazakhstan to Arabtec-led...

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 Announces Launch of Initial Public Offering...

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"...

Apollo Tyres to Acquire Cooper Tire & Rubber Company

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"...

Global brands must change their approach to localization, or...

• Asia now center of gravity of profitable growth for global consumer products and retail
• By 2016, emerging Asia will account for almost a quarter of global consumer products markets and 37% of total consumer products growth
• Only 20% of Asia-based senior executives, currently achieving both accretive margins and sustaining significantly...
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Harvest Launches U.S. Distribution

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"...

MENA Telecoms’ Transactional Approach Undercuts Outsourcing...

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"......

Dubai Chamber Trade Mission Explores Promising CIS Markets

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"......