Wednesday 22 October 2014
 
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Amanat to open $374m share sale on Oct 20

UAE-based Amanat Holdings, a healthcare and education start-up, will launch its Dh1.375 billion ($374 million) initial public offer next Monday, it said in a statement on Wednesday. The offer period for the flotation, in which 55

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Amanat to open $374m share sale on Oct 20

UAE-based Amanat Holdings, a healthcare and education start-up, will launch its Dh1.375 billion ($374 million) initial public offer next Monday, it said in a statement on Wednesday. The offer period for the flotation, in which 55

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In oil price war, Saudi's biggest rival is next door

Kuwait, Saudi Arabia's traditional Gulf ally, is challenging its bigger neighbour in an increasingly competitive battle for market share as it sells oil to buyers in Asia at the widest discount to a comparable Saudi grade in 10 years.

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Lloyds Bank to sell more shares in TSB

Lloyds Banking Group is to sell a further 11.5 per cent stake in TSB Banking Group, leaving it with a 50 per cent shareholding in a business it was ordered to shed by European regulators. Lloyds said it would sell another 57.5 mil

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Renaissance to revive listing plans for Topaz arm

Oman's Renaissance Services has revived plans to list its oilfield services business Topaz, more than three years after pulling a share sale in London, sources said on Thursday. Dubai-based Topaz Energy and Marine, one of the bigg

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Employees, technology top factors shaping workplace

The individual employee and the technology they choose are leading factors that will shape the workplace over the next five years, according to a recent report. Citrix’ annual Technology Landscape document developed by the c

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ASAR acts as legal adviser in firm's share transfer

Corporate law firm Al Ruwayeh & Partners (ASAR) has closed local share transfer formalities as legal adviser for Harsco's joint venture Bahraini company involved in the infrastructure industry. Last year, Harsco Corporation and

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Beltone Financial considers share split

Egyptian investment bank Beltone Financial will discuss the possibility of splitting its shares on Monday, it said in a statement to the Cairo stock exchange.   Last week Beltone said that, together with a group

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Marka to open 100 fashion stores, restaurants

The company planning the first initial share offering on Dubai's main stock market for five years says it will spend the proceeds on opening more than 100 fashion stores, restaurants and cafes across the Gulf region over the next five years.

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Insurance House wins approval for share buyback

Abu Dhabi-based Insurance House said it had secured the approval of the Securities and Commodities Authority (SCA) to launch a 10 per cent share buyback program. The publicly-listed company on the Abu Dhabi Securities Market said

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