Adnoc, Mubadala to explore downstream, refining prospectsThe Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company have partnered to explore growth prospects in Mubadala’s refining and petrochemicals assets and Adnoc’s downstream investment ambitions. The Ab More… |
Adnoc, Mubadala to explore downstream, refining prospectsThe Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company have partnered to explore growth prospects in Mubadala’s refining and petrochemicals assets and Adnoc’s downstream investment ambitions. The Ab More… |
Qatar seeks to spread wealth with IPOsQatar is planning a wave of new listings on the local exchange. While the planned IPO bonanza may be socially driven, it looks a bit ambitious from a financial standpoint. The aim is More… |
Global annual climate spend hits $364bnGlobal annual investment to curb climate change reached approximately $364 billion in 2010/2011, according to a new report. This amount, while significant, falls short of most estimates of investment needed to limit global warming More… |
ICC revises guidelines for global investmentThe International Chamber of Commerce (ICC) has reissued its guidelines for global investment to adapt to new challenges of the investment environment and further promote investment as a driver of economic growth. The revised gui More… |
Global Investment, Kamco cut nearly 100 jobsKuwait's Global Investment House has laid off 17 per cent of its staff, or 60 employees, across the region as part of cost-cutting measures at the debt-laden firm, two sources said Sunday. Most of the job cuts at Global, which is in talks More… |
Global Investment House cuts Q4 lossKuwait's Global Investment House narrowed its fourth-quarter net loss by almost 40 percent to 27 million dinars ($97.4 million), Reuters calculated, as the firm cut operating and interest costs in 2010. Global, one of Kuwait's biggest inve More… |
UAE bank deposits Global's dues to courtAbu Dhabi-listed National Bank of Umm Al Qaiwain on Monday said it has deposited $250 million with a Dubai court after a ruling asking the bank to return the money to Kuwait's Global Investment House. The bank said in a statement to Abu Dh More… |
Global Investment House Q1 loss narrowsKuwait's Global Investment House narrowed its net loss as expected in the first quarter and could move into profit in the second period with a boost from advisory fees. The firm, one of Kuwait's biggest investment firms, is advisin More… |
Sell KFH shares, investors urgedGlobal Investment House, one of Kuwait’s top investment banks, is recommending investors to sell their shares in Kuwait Finance House (KFH), Kuwait’s leading Islamic bank. Global said that it expects KFH's bottom-line to exhibit a profitab More… |