Qatar’s Ooredoo prepares for telecoms tower assets sale

Register now for FREE unlimited access to Reuters.com Register DUBAI, Sept 26 (Reuters) – Qatari telecoms company Ooredoo (ORDS.QA) is preparing for a sale of 20,000 of its towers, it said on Monday, with sources close to the matter saying it has engaged Morgan Stanley (MS.N) to work on the deal. Ooredoo is looking to … Read more

IHC’s $2.15 bln Nutresa bid boosts shares in Colombian conglomerate GEA’s companies

The logo of Nutresa is seen in Medellin, Colombia June 26, 2019. Picture taken June 26, 2019. REUTERS/Luis Jaime Acosta/File Photo Register now for FREE unlimited access to Reuters.com Register BOGOTA, Sept 21 (Reuters) – Shares in companies that are part of Colombia’s largest conglomerate GEA rose on Wednesday after Abu Dhabi-based investor International Holding … Read more

Documentary on activist photographer wins rare top film prize at Venice

Register now for FREE unlimited access to Reuters.com Register VENICE, Sept 10 (Reuters) – “All the Beauty and the Bloodshed”, a documentary about US photographer Nan Goldin and her fight against the wealthy Sackler family, won the top Golden Lion award at the Venice Film Festival on Saturday. Made by investigative journalist Laura Poitras, the … Read more

Gulf major indexes advance as oil, global markets recover

An investor monitors a screen displaying stock information at the Abu Dhabi Securities Exchange June 25, 2014. Register now for FREE unlimited access to Reuters.com Register Sept 11 (Reuters) – A tentative return of risk appetite to global stock markets and rebound in oil prices at the end of last week helped lift major Gulf … Read more

Saudi Real Estate Refinance Co aims to raise around $800 mln via domestic sukuk – CEO

Register now for FREE unlimited access to Reuters.com Register DUBAI, Sept 6 (Reuters) – Saudi Real Estate Refinance Co (SRC), the Saudi equivalent of US mortgage finance business Fannie Mae, will soon issue around 3 billion riyals ($798.34 million) in local currency sukuk, or Islamic bonds, its chief said. executive said on Tuesday. HSBC (HSBA.L), … Read more

Saudi non-oil private sector gathers pace in August – PMI

Muslims pilgrims shop in Mecca, Saudi Arabia, July 5, 2022. REUTERS/Mohammed Salem Register now for FREE unlimited access to Reuters.com Register DUBAI, Sept 5 (Reuters) – Saudi Arabia’s non-oil private sector expanded in August at its fastest rate since October last year, as business activity was boosted by improving demand conditions, a survey showed on … Read more

Dubai housing market outlook dims on increase in borrowing costs

An advertising sign for a real estate company reading “Keep Calm There’s no Bubble” is seen on a building in the Marina district of Dubai November 19, 2013. REUTERS/Caren Firouz (UNITED ARAB EMIRATES – Tags: BUSINESS CITYSCAPE REAL ESTATE) Register now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 5 (Reuters) – Property prices … Read more

Aramco may take stake in Renault’s future thermal engine business – source

Register now for FREE unlimited access to Reuters.com Register PARIS, Sept 1 (Reuters) – Saudi Aramco (2222.SE) could take a stake in the future thermal engine business that Renault (RENA.PA) plans to separate from its electric vehicle (EV) division, a source familiar with the matter said. said on Thursday. Reuters reported on Tuesday that China’s … Read more

Major Gulf markets dip on oil weakness, inflation worries

Traders wait at the Bahrain Bourse after Joe Biden won the US presidency, in Manama, Bahrain, November 8, 2020. REUTERS/Hamad I Mohammed Register now for FREE unlimited access to Reuters.com Register Aug 21 (Reuters) – Most major Gulf stock markets fell on Sunday amid fears of a potential global recession and volatile oil prices, but … Read more

Gulf e-commerce company Noon to buy fashion venture Namshi – statement

The logo of Dubai’s Emaar Properties on a building under construction in Dubai, UAE, March 3, 2016. REUTERS/Ahmed Jadallah/File Photo Register now for FREE unlimited access to Reuters.com Register DUBAI, Aug 21 (Reuters) – Dubai’s Emaar Properties said on Saturday it is selling fashion e-commerce venture Namshi to Noon, an e-commerce company backed by Dubai … Read more