Tuesday 21 May 2013
 
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Europe

Bankers see robust M&A recovery in 2013

A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged euro-zone recession.

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European car market ends losing streak

Europe's ailing car market ended a streak of 18 straight months of falling sales, though a number of one-off factors suggested that a sustained recovery will be harder to achieve. A pick-up in Germany and Spain in addition to

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BLME eyes 15pc asset growth, stronger Gulf ties

The Bank of London and The Middle East (BLME), Britain's largest standalone Islamic bank, is targeting 15 per cent growth in assets this year, with plans for a Dubai office to help boost its capital markets and wealth management offerings.

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Etisalat to join GSMA diabetes drive

A team of Etisalat’s employees from the Middle East, Africa and Asia will participate in a 2000km, Pan-European cycle tour – the GSMA mHealth Grand Tour this September aiming to raise awareness of diabetes. It will als

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Mixed signals for the global economy

A flood of data this week will paint a mixed picture of the global economy, with belt-tightening continuing to dampen activity in the euro zone, but accommodative policies helping to stimulate growth in Japan. Reports from the US

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Batelco expands global services in Europe

Batelco, a leading telecom services provider in Bahrain, is expanding its global services across Europe and has installed a number of new POPs (Point of Presence) facilities, including the UK and France. The enhanced network will

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EU parliamentary team visits Alba

  Aluminium Bahrain (Alba) expressed its continuing support for stronger commercial, economic and cultural ties between Bahrain and Europe as it welcomed a seven-member delegation from the European Parliament to its plant on Tues

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US retailer Best Buy plans Europe exit

  US retailer Best Buy Company is selling its 50 per cent stake in a joint venture with Europe's biggest independent mobile phone retailer Carphone Warehouse Group back to its European partner for about 500 million pounds ($7

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US retailer Best Buy plans Europe exit

  US retailer Best Buy Company is selling its 50 per cent stake in a joint venture with Europe's biggest independent mobile phone retailer Carphone Warehouse Group back to its European partner for about 500 million pounds ($7

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European toy retailer opens Beirut store

Europe’s leading toy and baby products retailer JouéClub celebrated the grand opening of its fifth store at Beirut City Centre revealing thrilling novelties and surprises. The inauguration was attended by JouéC

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