Corporate News

Etisalat eyes six acquisitions, licenses

DUBAI: Emirates Telecommunications Corp.,  or Etisalat, is eyeing licenses for airwaves or acquisition deals in six markets across the Middle East and North Africa, its chairman said, in a drive to boost customers.

Dubai's Drake to spend $136m on 2010 buys

DUBAI: Dubai's Drake & Scull International has $136 million to spend on acquisitions in 2010, which includes three firms, as it continues to expand and weather a downturn at home, an executive said on Thursday.

Citi unit sale hits snag in final stages

NEW YORK/LONDON: The planned sale of Citigroup's real estate asset management arm has hit a snag after some of the unit's clients refused to give their blessing to a disposal, sources said.

Kuwait's Zain confirms bid for Africa operations

DUBAI: Kuwaiti telecommunications operator Zain said Sunday it is considering an offer for most of its Africa businesses, a day after local media reported a bid was on the table from India's Bharti Airtel worth up to $10.7 billion.

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Corporate News

Business briefs for Thursday, February 18, 2010

KHC's New York property wins two excellence awards

RIYADH: Fairmont Raffles Hotels International, in which Kingdom Holding Company (KHC) chaired by Prince Alwaleed bin Talal holds a 58.1 percent controlling interest, announced that the Plaza, one of New York's distinctive landmarks, won two 2009 Hotel Excellence Awards (HEA): Best Hotel Overall Experience and Best Concierge Service.

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Libya: Intention and end result

What does the holy Quran say about a Muslim leader who slaughters thousands of his own people,

Genaro at Mar 23, 2011 01:46

1 comments

Western women

What an excellent retort G. C. Reed gives to the ludicrous, untruthful assertions made by Sali

European Woman at Mar 23, 2011 01:45

1 comments

Medvedev slam Putin over use of word 'crusades' on Libya

ROBERT- dont get carried away language has a context and holistically a historical relavance.

NISHTHAR IDROOS at Mar 23, 2011 01:45

8 comments

Suspect held in Hail homicide

@JAKES, because these childrens were grown up under the care of House Maids, not under the teac

GILGET at Mar 23, 2011 01:44

6 comments

‘It’s God who is king of humanity’

Alhamdulillah its quite heartening to hear the King subscribing to mainstream Islamic values. C

NISHTHAR IDROOS at Mar 23, 2011 01:44

1 comments

Thumbs up to the Arab League

<br/>To paraphase TAZ: any sane and sensible person whether nonMuslim or not would have an ant

Mark at Mar 23, 2011 01:43

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