Oman Development Bank said it would consider opening an Islamic window to provide financial services to small and medium-sized companies.
Investors
New World Resources plans to sell OKK coking plant to offset oil losses
New World Resources said it would be selling its OKK coking plant to offset oil price declines, of which had caused losses for the company.
PetroChina talks with relevant parties for West Qurna oilfield development
State-owned PetroChina Company Ltd said it was discussing with relevant parties about developing the West Qurna oilfield in Iraq.
Doughty Hanson sells Avanza Group to Grupo ADO
Private equity firm Doughty Hanson sold Spanish bus operator Avanza Group to Grupo ADO. Private equity company Doughty Hanson & Co announced the sale of Avanza Group to Grupo ADO, a Mexican bus operator.
PMI shows expansion in Germany's private sector
The German private sector showed robust growth in August, according to Markit's PMI survey. The private sector in Germany showed signs of growth. A new survey conducted by financial information services company Markit revealed that the Purchasing Managers' Index (PMI) of Germany's private sector increased to 53.
Latest News
Johannesburg-based mining firm Gold Fields Ltd said it had signed an acquisition agreement with Barrick Gold to buy the latter's assets in Australia.
The Bank of Sharjah said it had signed a loan refinancing facility worth USD 200 million with five lenders.
CenturyLink Inc would receive USD54 million from the Connect America Fund of the FCC to finance the broadband services in suburban homes of high-cost areas.
The Silicon Valley startup would use the funding to employ new engineers for its latest wearable and programmable computing device.
China Resources submitted an offer to buy ParknShop, the Hong Kong supermarket chain. China Resouces placed its own bid to acquire ParknShop, said the group's Chief Financial Officer Frank Lai.
BioReference Laboratories made known its definitive agreement for the acquisition of BioSystems CLIA,
Goldman Sachs invested USD40 million in software company SugarCRM allowing Goldman Sachs VP Antoine Munfa to join SugarCRM's board of directors.
Life Technologies Corp members of the board approved through voting the company's merger with Thermo Fisher Scientific.
Today Fibra Inn said that it had acquired Hotel Camino Real Guanajuato over a deal valued MXN230 million.
