China's richest man announces USD8 billion film park investment

Wang Jianlin announced his biggest single investment in the movie and television industry valued USD8.17 billion.


NWR to sell coking plant by year end

An official from the Czech mining group New World Resources said on Sunday the company would close a deal to put its coking plant on sale by year's end.

Qatar National Bank formalizes loan agreement

In an agreement with United Development Company, Qatar National Bank entered a credit loan facility to purchase units at The Pearl-Qatar.

R Hotel plans expansion for the year

R Hotel's investment plan is to expand its hotel line from three to six with an AED1.5 billion investment.


Latest News

Aegis is looking at Asia, Europe and South America for possible acquisitions called 'tuck-ins'.
Harvard is setting the bar at USD6.5 billion for the improvement of campus, programs and housing in the university.
A number of domestic milk producers were chosen by Chinese authorities as recipients of state subsidies and tax breaks.
India's private equity deals earned USD924 million for August 2013. Nearly 36 private equity deals with a volume of USD924 million were completed in August.
Mike Lazaridis, one of the founders of BlackBerry, sought Carlyle's decision on a possible bid for the smartphone maker.
The partnership between Tata and Singapore Airlines could be a major game changer in the aviation industry where both firms invested USD100 million.
According to a report from Il Secolo XIX newspaper on Saturday while citing sources, Italy's Finmeccanica asked state owned Cassa Depositi e Prestiti to make an acquisition offer to buy the defense group's energy company.
In a bid to comply with the 2010 Brazilian oil law, the government has sought ways to provide assistance for Petrobras to comply with requirements.
In a move designed to avoid default, ThyssenKrupp was able to receive an extension of its credit lines from banks before its planned share sale.
Focus magazine reported that Deutsche Telekom would still choose a buyer for its online classified advertising business, Scout24.