Bahrain’s new real estate valuation systems to protect investors
The country has adopted the Bahrain Valuation Standards and Bahrain Property Measurement Standards...
Tag : Middle East
Etihad and Saudia announce 12 new codeshare routes
The carriers announced 12 new codeshare routes to major destinations in Asia and Europe...
New Omani airline to take over Oman Air’s domestic ops
Oman Air will focus on the global market where it competes against the likes of Emirates and Etihad...
Dragon Oil buys BP’s Egyptian concessions, to invest $1 bn
Dragon Oil to increase production to above 75,000 bpd for the next 10 years...
Aramco and other oil giants to bid for stake in India’s BPCL
The government of India is looking to offload its 53.29% stake in Bharat Petroleum after privatisation was approved on September 30...
Agility launches logistics complex in Saudi Arabia
The development of the logistics complex is part of Agility’s $267 mn investment in the Kingdom...
Adnoc and partners to develop $4 bn chemical complex in India
Adnoc, along with Adani Group, German chemical giant BASF and Austria's Borealis will develop the complex in Mundra, Gujarat by 2024...
Emirates NBD to raise Dh6.45 bn from rights issue
The bank plans to expand abroad and attract more foreign investments...
Aramco to pay up to $450 mn as fees to IPO advisors
Book runners JP Morgan and Morgan Stanley to be paid the highest IPO fees by Aramco...
UBS to advise on potential Arabtec-Trojan merger
Dubai-based Shuaa Capital will also act as an adviser on the potential merger...