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GOI’s partnership with commodities trader Trafigura gazumps Crossbridge in deal that rescues Sicilian plant after EU sanctions hit
In 2019, International Holding Company was a little-known company involved in fish farms, food and real estate
First Abu Dhabi Bank ends interest in UK-based lender that is one of Europe’s most undervalued banks
Shares in UK-based emerging market lender increased 20% on reports of a takeover
Companies are flocking to the Middle East to raise capital just as they did in 2008. But funds say they are being more strategic about investments
A month on from the deal, SNB chair Ammar Alkhudairy is nonplussed by the attention the investment has drawn
Plus, the messy battle for Bulb’s 1.5mn customers and Silvergate gets caught up in the FTX fallout
But the joy of hosting the World Cup in an oil and property boom will not last unless productivity improves
Oil-rich kingdom looks to mining sector as it steps up diversification plans
Households and businesses are installing renewables to bypass power crisis
Deal will see up to a quarter of the Swiss bank being owned by Middle Eastern investors
The planned flotation comes after a dearth of activity this year
Saudi Aramco makes $42.4bn quarterly profits as BP steps up share buybacks
Apple to set up Middle East distribution in Riyadh hub that aims to lure multinationals from UAE
Kingdom’s sovereign fund to set up companies in Middle East and north Africa in attempt to shore up soft power
European short-haul airline sets sights on destinations to Israel and Saudi Arabia in drive for growth
Plus, private equity targets companies that listed during the pandemic and European telecoms groups await Brussels’ decision
Nader Haffar steps down after firm engulfed by a wave of allegations of nepotism, cronyism and partner discontent
Deal with SC Braga marks first move into multi-club ownership for state fund that owns Paris Saint-Germain
Head of world’s biggest producer says ‘world should be worried’ about supply limitations
Financial regulator says auditor and former partner failed to follow international standards
Government-owned property group seeks to kickstart work at stalled seafront site Palm Jebel Ali
Biggest customers of UAE business sent partners’ statement swearing allegiance to firm
Call to address ‘massive crisis’ after reports of nepotism, cronyism and culture of fear
In a region where most companies are headed up by men, women are now giving their male counterparts a run for their money
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