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SABB set to issue riyal denominated sukuk bonds

SABB, which is partially owned by HSBC, has been busy preparing for a sukuk bond issue by year's end.


Pritzker Family and TMS reach USD1 billion deal

Pritzker Family agreed to buy TMS International Corp. for USD1 billion. The Pritzker Family, one of America's wealthiest families, has agreed to purchase TMS International Corporation with an approximate USD1 billion cash deal.

US agreed on USD500 million Indonesia Apache deal

A military source told Reuters that the US had finally agreed on selling AH-64E Apache combat helicopters to the Indonesian army, and are still in talks to iron out the terms of the deal.

Baird Capital announces investment in Kedu Healthcare

Baird Capital recently announced its investment in China's Kedu Healthcare. In an announcement, Baird Capital said its China Growth Equity team had invested in one of the largest medical equipment service providers in China, namely Kedu Healthcare.


Latest News

Amgen was looking into buying more small-sized but profitable firms after its successful bid with Onyx Pharmaceuticals.
CNPC vice president Wang Yongchun is under investigation from the China Ministry of Supervision due to unspecified breaches of discipline.
Thai billionaire Charoen Sirivadhanabhakdi eyes USD500 million IPO for F&N REIT. Charoen Sirivadhanabhakdi, Thai tycoon and the country's third richest man, announced plans of an IPO for Fraser and Neave (F&N) REIT.
MBK agrees to buy ING's South Korean unit to bring the latter's Asia exit plan closer to conclusion.
Malaysia's largest mobile phone operator has planned an IPO of its telecommunications tower assets.
As firefighters scrambled to contain the wildfire north of Yosemite National Park, strong winds and the dry terrain threaten to spread the fire to other parts of the forest.
A Bain & Co. study showed Swedish banks outperform peers, but Europe's financial sector poised to catch up.
Exchange law passed last year was done as a step toward increased kwanza trade. According to the Banco de Nacional de Angola, Angola's central bank, the amount of dollars sold at auctions by the central bank has been halved due to a foreign exchange law.
Responding to "Hunger Games" star Liam Hemsworth's burger claim, White Castle, through its representative, proposed a USD20,000 challenge for charity.
Fresh from her highly-criticised MTV VMA performance on Sunday, a new Miley Cyrus single topped iTunes' most downloaded digital singles.