Abu Dhabi’s entertainment arm takes 10% stake in UFC
Wednesday, January 13th, 2010 Posted in JVs, Regional News, SWF | No Comments »Zuffla LLC's Ultimate Fighting Championship (UFC) is potentially a billion dollar-plus company, based on reported prior buyout offers of similar amounts. Abu Dhabi's 10% stake thus, while undisclosed, could be upwards of $100 million. UFC is the largest grossing PPV ...
Abu Dhabi extends $10B lifeline to Dubai
Tuesday, December 15th, 2009 Posted in Islamic Finance, Markets, Regional News, SWF | No Comments »The Dubai Exchange rallied 10.4 percent yesterday in the wake of a $10 billion credit line from Abu Dhabi, coagulating some of the recent hemorrhaging. A portion of the funds will reportedly be used to meet a $4.1 billion bond payment owed by Nakheel--a real estate subsidiary ...
Qatar wasting no time deploying capital, linking people and goods
Monday, November 23rd, 2009 Posted in Economy, JVs, Regional News | No Comments »A $25B joint venture was announced earlier today between Qatari Diar Real Estate Investment Co. and Deutsche Bahn AG, to build a railway system in the very liquid Gulf state of Qatar -- the world's largest producer of liquefied natural ...
Growing sense of optimism in Dubai — FT
Wednesday, November 4th, 2009 Posted in Economy, Regional News | No Comments »clipped from www.ft.com Signs of revival for Dubai property Dubai property prices have risen for the first time since the market crashed last year , up 7 per cent in the third quarter as demand revived and lending ...
Rothschild sees opportunity, to expand in Saudi Arabia and Qatar
Saturday, October 10th, 2009 Posted in Markets, Regional News | No Comments »Hats off to Rothschild for its successful M&A advising in the Gulf; and it looks like the investment bank is far from finished. Rothschild recognizes Saudi Arabia (the Gulf's largest economy and one that is poised for sustained solid growth) ...
IIF forecasts solid growth for GCC in 2010
Saturday, October 3rd, 2009 Posted in Economy, Regional News | No Comments »The Institute of International Finance (IIF) is forecasting a return to solid growth for Gulf Cooperation Council (GCC) states in 2010. The IIF expects current account and fiscal surpluses to remain "sizable," driven by a recovery in oil prices. The ...
Doing Business 2010: Saudi Arabia nears goal; UAE climbs ranks
Sunday, September 13th, 2009 Posted in News, Regional News | 1 Comment »Doing Business 2010: Reforming through difficult times, which features the latest ranking of economic competitiveness (published on Thursday by the International Finance Corporation - The World Bank), contains some especially positive news for The Kingdom of Saudi Arabia and the ...
Yahoo! recognizes opportunities in Middle East
Wednesday, August 26th, 2009 Posted in Regional News, Tech | No Comments »Although the value of the deal was not disclosed, it appears the acquisition of Maktoob is a timely one for Yahoo!, as it positions itself to grow its emerging markets segment fueled now by one of the world's youngest, most ...
Qatar, a real green shoot
Friday, August 7th, 2009 Posted in Real estate, Regional News | No Comments »clipped from www.themedialine.org Covering an area larger than Beirut and with almost half a million people – two ways that the Qatari developer is describing Lusail - a brand new city is being constructed in the northern part of the Gulf ...
‘Dr. Doom’ finds bright spots; Egypt, Qatar and Lebanon
Thursday, August 6th, 2009 Posted in Regional News | No Comments »In the Wednesday (8/5) edition of RGE Monitor, the analysts at Roubini Global Economics (headed by Nouriel Roubini, aka Dr. Doom), suggested that there are in fact some regional and national bright spots despite a global oversupply of overwhelmingly uninspiring ...
