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Investcorp buys stake in Saudi supermarket group Bindawood Holding (Reuters - 24/01/2016)

Investcorp has acquired a minority stake in Saudi Arabia's Bindawood Holding, which controls supermarket chains Bindawood and Danube in the kingdom, according to a statement from the alternative investment firm on Sunday. While the statement did not

Bahrain Commercial Facilities signs $125 mln loan (Reuters - 18/01/2016)

Bahrain Commercial Facilities Company, a consumer finance and insurance provider, has raised a $125 million loan to refinance existing debt and for general business purposes, a bourse statement from one of the arrangers said on Monday. According to the

Waha Capital buys $76.8m of shares in AerCap (Trade Arabia - 13/01/2016)

Waha Capital, a leading investment company based in Abu Dhabi, has acquired 2.04 million shares in New York-listed AerCap Holdings for a total of $76.8 million, as part of an open market share purchase programme. Following this acquisition, Waha

Ratings boost for ABG’s Sudan unit (Gulf Daily News - 12/01/2016)

Bahrain-based Al Baraka Banking Group (ABG) yesterday announced Islamic International Rating Agency (IIRA) has assigned national scale investment grade credit rating of “A- (SD)/A-2 (SD)” to Al Baraka Bank Sudan (ABBS), its majority owned subsidiary in

UAE district cooling companies to grow by 18% in the next 5 years (Press Release - 10/01/2016)

The UAE district cooling sector, which pioneered the concept of hasslefree, eco-friendly, maintenance-free and energy-efficient solutions with its electric-powered and solar interface cooling services, is set to take its pride of place on a regional and

GFH start works at Harbour Row project (Saudi Gazette - 03/01/2016)

The leading financial group, GFH, has started the site preparation works at their $150 million “The Harbour Row development”. The Harbour Row is a mixed-use landmark project within the Bahrain Financial Harbour comprising of luxury residential units and

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