Wall Street crash may offer Gulf investors unparallelled access to U.S. markets
Monday, September 29th, 2008 Posted in Markets, News, SWF | No Comments »Though Gulf nations have certainly felt the aftershocks of Wall Street's crash, including the UAE, which had to pump billions into their public market to sustain liquidity levels, the region may soon join a growing list of institutional and sovereign suitors seeking bargains among the ruins. As the U.S. Congress ...
Prospecting in Saudi Arabia
Sunday, August 24th, 2008 Posted in Industrial investment, News | No Comments »With undetermined reserves of precious metals, including gold, copper, phosphate, and bauxite, Saudia Arabia may soon rival the output of global producers such as Canada and Australia. In addition to oil, mineral wealth will undoubtedly accellerate Saudi's drive to diversify their economy, as evidenced by the ...
Saudi Arabia’s Maaden to Raise $2.5B in July IPO
Tuesday, May 13th, 2008 Posted in IPOs, News | No Comments »Saudi Arabia's state-owned Mining Co, Maaden, is eying a 9.25 billion riyals ($2.47b) IPO in July, according to the Saudi exchange. Maaden has an existing aluminum venture with Rio Tinto Alcan (NYSE: RTP; formed prior to Rio's acquisition of Alcan ...
