KKR & Co and CVC Capital Partners have chosen Goldman Sachs and HSBC to advise them on their joint bid for a majority stake in Kuwait Food Company (Americana), sources familiar with the matter said on Tuesday.
The private equi
The UAE, represented by the Abu Dhabi Department of Transport (DoT), has won the right to host the 'World Road Congress,' the most authoritative international event in the area of roads and road transportation, to be held in 2019.
FIFA ethics committee investigator Michael Garcia has completed his probe into the controversial bidding process for the 2018 and 2022 World Cups, awarded to Russia and Qatar respectively, and handed in a 350-page report.
Dubai plans to expand its existing sports facilities across the emirate and eyes submitting a bid to host the Olympic Games, government officials were quoted as saying.
Ali Omar, the director of Dubai Sports Council (DSC) sports d
Asian and western firms have bid to help operate the UAE's biggest oilfields after a deal with oil majors expired this year but the Gulf Arab state is yet to decide whether to let Asian oil buyers in for the
Kuwait Food Company (Americana) said on Sunday it had no knowledge of any firms interested in buying its business, contrary to recent media reports.
"The administration of the company has no knowledge of this matter. The admi
Bahrain National Holding, whose insurance unit was seeking to buy a majority stake in Alahlia Insurance Company, said on Sunday the two sides had failed to agree on the price of the deal.
The parties have therefore decided it is &
The United Arab Emirates have submitted a bid to host the expanded 2019 Asian Cup, the Asian Football Confederation has said, with competition expected to come from Saudi Arabia and Iran.
Friday is the deadline for countries to su
Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays' retail banking operations in the UAE, with a final decision expected next month after a competitive bidding process, banking sources said on Wednesday.
A bidding war is underway for six former Waitrose outlets in Bahrain after the supermarket's regional partner announced it was going into liquidation.
Supa Save Bahrain, which ran the country's Waitrose shops under franchi