Arabtec Holding Signs US$629 Million Joint Venture Contract

Arabtec Holding announced on Sunday that is has signed a joint venture contract for US$629 million. (Photo : Reuters)The image is the facade of one of the projects of Arabtec.


RBS Executive to Step Down

Royal Bank of Scotland CEO Stephen Hester was urged by the bank's board to step down prior to the government's sale of its 81% stake.

East African bloc struggles to attract foreign investments

East African bloc struggled to draw investment from foreign units. (Photo : Reuters)The image is an African man looking over an oil extraction rig. East African Community economies struggled to draw foreign investment due to internal problems.

Petrobras sells African interests to Banco BTG

Petrobras is selling off half of its African operations of Petroleo Brasiliero SA. (Photo : Reuters)The image is the facade of the corporate headquarters of Brazilian oil conglomerate Petrobras.


Latest News

Plans to boost capacity in Indonesia would be reached through the construction of a new Mitsubishi Motors plant in the country.
Foreign investors dumped U.S. debts in April for the third month running. (Photo : firstpost) This is an image of several of the world's currencies.
The government of India sold a sale of a stake in MMTC LTd, an Indian Trading firm, in order to cut off financial deficit.
High yield investors flee from the European junk bond market as funding costs increase. (Photo : reuters) This is an image of investors instenely watching the stock market.
Amidst the investigation against several top officials, Wal-Mart's board votes for James Cash as new Lead Director.
Bank of Japan sets purchase ceiling of 140 billion yen for J-REITS. (Photo : Reuters)The image is a Japanese flag flying high. The Bank of Japan will be purchasing an increasing number of Japanese real estate investment trusts beyond its current purchase scheme.
Dole's shareholders sue the company's board to stop it from accepting a deal offered by the company's top executive.
Dish Network is confronted with additional US$1.2 billion cost from taking Sprint Nextel Corp. (Photo : Reuters )Dish Network Corp. 's Chairman Charlie Ergen dismissed speculation his surprise $2.
OCI Partners LP filed an IPO valued at US$480 million with the US regulators on Friday. (Photo : Reuters)The image is an industrial gas plant depot. OCI Partners LP, a strategic methanol and ammonia plant in Texas, filed an initial public offering priced at US$480 million with the US regulators.
Trinseo SA withdrew its proposed US$400 Million initial public offering on Friday. (Photo : Reuters)The image shows a division of a plastic factory. Plastic manufacturer Trinseo SA said on Friday that it had decided to withdraw its proposal for an initial public offering.