Topic: Cooperation Council For The Arab States Of The Gulf
Posted on 02/04/11 at 2:50pm by Benzinga Staff . Tim Hortons (NYSE: THI ) today announced the next steps in its international development and has...
Kuwait's Global Investment House said on Saturday it has completed repayment of first year commitments under a restructuring plan for a 1.725-billion-dollar debt.The agreement, signed by Global a year ago, requires the company to repay 10 percent of the ...
Fundraising among Middle Eastern private equity firms is starting to pick up from a slump brought on by the global economic downturn, with several key firms launching new funds, according to Reuters. With an investment range of $20m - $30m per transaction, half ...
An alliance of Arab nations around the Persian Gulf called on Britain to expel Bahraini Shiite opposition figures charged with plotting to overthrow that country's government.. Another 250 Shiite activists were arrested in the crackdown that followed a series of Shiite-led ...
Strict monitoring and capital requirements helped Saudi banks skirt the worst of the global financial crisis, central bank chief Mohammed al-Jasser said Tuesday."By virtue of our conservatism, our financial and banking system was spared the worst effects of the recent market ...
QInvest, a Qatari investment bank, has acquired a 40.8 per cent stake in Intercat Hospitality and Butlers Dry Cleaning and Laundry Services via its private equity arm, QInvest Capital. The fresh capital will enable the company to expand into other Gulf ...
QInvest, a Qatari investment bank, has acquired a 40.8 per cent stake in Intercat Hospitality and Butlers Dry Cleaning and Laundry Services via its private equity arm, QInvest Capital. The fresh capital will enable the company to expand into other Gulf ...
The monetary union pact of the Gulf Cooperation Council (GCC) has entered into effect, Kuwait's Finance Minister Mustafa al-Shamali said on Tuesday. Copyright 2009 AFP Global Edition
Oil-rich Gulf economies are expected to see better-than-expected budgets in 2009 despite the economic slowdown, thanks to higher world crude prices, an economic report said. "The strengthening in oil prices will be extremely positive for the hydrocarbon-dependant GCC (Gulf Cooperation Council) countries ...
Arab investors have lost 2.5 trillion dollars from the credit crunch, Kuwaiti Foreign Minister Sheikh Mohammad al-Sabah, whose country hosts an Arab economic summit next week, said on Friday. "The Arab world has lost 2.5 trillion dollars in the past ...