Thursday 24 April 2014

KKR among bidders for Saudi fast food chain

A majority stake in Saudi fast food chain Kudu has been put up for sale and private equity firm KKR is among the bidders, four banking and industry sources said on Wednesday. Riyadh-based Kudu, which operates more than 200 restaur


DP World lone bidder for India port deal

DP World, the global port operator based in Dubai, has emerged as the lone bidder for developing a new container loading facility at Jawaharlal Nehru port near Mumbai as India’s busiest container port seeks to expand much-needed capacity.


GDF Suez preferred bidder for Az Zour project

A consortium led by GDF Suez, a leading power generation company, has received preferred bidder notification from Kuwait’s Partnerships Technical Bureau (PTB) for the construction and operation of a major water and power project. The conso


Bahrain to build Jubail-style industrial city

Bahrain is planning a new industrial city similar to Saudi Arabia’s Jubail Industrial Zone, said a senior government official. The Industry and Commerce Ministry is now waiting for the winning bidder to submit recommendations and requireme

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