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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Laws on Muslim veils and headscarves

Asif, the habit does not make a Monk, on the same token these so called European born muslim

critique at Apr 13, 2011 00:08

21 comments

Mixed reaction to French niqab ban

Hi European frnds, what if i forcefully remove clothes of your women... of course she'll cry an

Pak Thinker at Apr 13, 2011 00:08

87 comments

Mixed reaction to French niqab ban

Here we go! <br/> <br/>After all this 'rational' conversation, we come to a logical conclusion.

Merlin at Apr 13, 2011 00:07

87 comments

Mixed reaction to French niqab ban

The solution is simple. If you don't like our laws then stay out of our country!

Objective at Apr 13, 2011 00:06

87 comments

Egyptian man declares himself the Mahdi during prayers at Grand Mosque

Thanks to Allah that the prayer continued,also salute to the security forces in Haram for maint

omar bagan at Apr 13, 2011 00:06

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