One of the world's largest operators of open-top sightseeing tours, Big Bus Tours, has hired JPMorgan to find a buyer in a deal that could value the travel firm at close to £500 million ($810 million), sources familiar with the situati
Heathrow Airport Holdings (HAH) is set to sell three British airports for £1 billion ($1.6 billion) to a group including Spanish infrastructure firm Ferrovial, Singapore sovereign fund GIC and Australian bank Macquarie, according to Sky Ne
Pakistan plans to split ailing national flag carrier Pakistan International Airlines (PIA) into two companies and sell control of the core business to a global airline over the next 18 months, but political opposition to the sell-off will be int
King Abdullah Economic City (KAEC) has announced the sale of 147 luxury villas at its coastal community, Al Murooj Golf Community 2, near the Red Sea in Saudi Arabia's Western province.
The sales will be launched at the Jeddah
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
Abu Dhabi-based Aldar Properties said it has completed the sale of a residential tower in Marina Square to MAG F5 Holdings, a joint venture between MAG Group and Fortune |5 Investments.
The tower, located in Marina Square on Reem
Germany's economy ministry approved the sale of utility RWE's oil and gas unit DEA to a Russian investor, despite tensions between Russia and the West over the Ukraine crisis.
The go-ahead announced yesterday removes the b
The increased sale of tablets, smartphones and digital SLR cameras is expected to push UAE’s consumer electronics market to Dh16 billion ($4.3 billion) next year, according to the Consumer Electronics Association.
Citigroup reported a stronger-than expected adjusted quarterly profit as its fixed-income business performed ahead of forecasts, and the bank cleared another hurdle by reaching a $7 billion settlement over its sale of flawed mortgage securitie