Business & Finance Club - Dubai: Dnata, the Dubai-based airport and travel services company, on Friday announced it will acquire a 100 per cent share of Alpha Flight Group (Alpha) from Milan-based Autogrill.
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Business & Finance Club - Jeddah : South Korea's STX Heavy Industries said Thursday it has signed a preliminary 1.1 billion dollar deal to build chemical plants in western Saudi Arabia.
Business & Finance Club - Sydney: RIO Tinto's $US116 billion iron ore venture with BHP Billiton is close to collapsing after regulators objected to the deal.
Business & Finance Club - Abu Dhabi : Abu Dhabi Ports Co. awarded KhalifaPort $390m contract to Hyundai to build a containers terminal in Khalifa industrial zone in Al Taweelah.
Business & Finance Club - Sharjah: As part of its corporate social responsibility, Sharjah Islamic BankSharjah Islamic BankSharjah Islamic Bank (SIB) has announced the allocation of an annual amount of Dh2 million to fund the UAE Red Crescent Authority's charity clinic in Sharjah. This support lies within the
Business & Finance Club Magazine - Event of the Hour - In a new addition to its records of operational successes, Zain has launches a new technology, (Long Term Evolution LTE) on its own network in the Riyadh region.
Business & Finance Club - Seoul : Korea National Oil Corp. KOILC.UL said it had taken control of Dana Petroleum, paving the way for the biggest hostile acquisition by a South Korean firm, and boosting the country's oil reserves.