Showing results for "ray hanania"

ABC reports successful closing of $750m loan facility

  • Arab Banking Corporation (BSC) (ABC) has announced the successful closing of a $750 million syndicated term loan facility.The initial mandated lead arrangers and bookrunners are HSBC Bank Middle East Ltd., National Bank of Abu Dhabi, Natixis and Sumitomo Mitsui Banking Corporation. National Bank...
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Abu Dhabi’s Etihad Aviation Group appoints new chief executive

  • DUBAI: Etihad Aviation Group on Thursday said it has appointed Tony Douglas, former head of Abu Dhabi Airports and Abu Dhabi Ports, as the new group chief executive....
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ACWA Power, APICORP sign deal for minority stake in Shuqaiq IWPP

  • International Company for Water & Power Projects (ACWA Power), a leading developer, owner and operator of independent power generation and water desalination plants, and Arab Petroleum Investments Corporation (APICORP), a multilateral development bank established by the 10 member states of...
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Al-Ahsa airport receives first Qatar flight

  • The General Authority for Civil Aviation (GACA) has taken steps to reconstruct the Al-Ahsa International Airport terminal to accommodate the growing number of domestic and international passengers, said Khalid Al-Khaibari, GACA spokesperson.The airport recently received the first flight of Qatar...
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Alibaba makes offer for China’s YouTube, Youku Tudou

  • SHANGHAI: Chinese e-commerce giant Alibaba has made a multi-billion-dollar offer to buy the outstanding shares of online video company Youku Tudou — the country’s equivalent of YouTube — the firms said, in its latest push into entertainment.Alibaba, often described as China’s eBay or Amazon, is...
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AlShaya’s Vision Express widens base

  • The region’s major optical retailer, Vision Express, owned and operated by M.H. AlShaya Company, already established in Saudi Arabia and Bahrain, has opened its Polaroid 2015 eyewear collection at Dubai Mall. Specifically designed for fashion lovers seeking a unique combination of style, the...
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Amazon spreads its digital content on multiple gadgets

  • NEW YORK: Amazon.com Inc. is trying to get its digital music and video on as many gadgets as possible as the world’s largest Internet retailer replicates a strategy that paid off for its Kindle e-book business....
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Amid tax and trade concerns, Detroit auto show offers nostalgia, glamor

  • DETROIT: The Detroit auto show arrived Sunday with showman’s flair, as the car industry tied its latest offerings to American nostalgia and Hollywood glamor....
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APICORP buys stake in Ashtead Technology

  • The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank established in 1975 by the 10 member states of the Organization of Arab Petroleum Exporting Countries (OAPEC), has announced the acquisition, in partnership with UK private equity firm Buckthorn Partners, of a...
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APICORP celebrates sukuk listing on Nasdaq Dubai

  • Arab Petroleum Investments Corporation (APICORP) Chairman Aabed Al-Saadoun rang the market-opening bell to celebrate the listing of a $500 million sukuk on Nasdaq Dubai.The total nominal value of sukuk currently listed in Dubai has now reached $37.81 billion, reinforcing its position as the...
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