The German maker of luxury cars, Daimler, has agreed to sell nearly US$2.72 billion in shares to an Abu Dhabi investment company.
The Stuttgart-based car company has said Aabar Investments will buy 96.4 million new Daimler shares market price, giving Aabar a 9.1 percent stake in Daimler.
In December, American International Group, sold its wealth management arm, AIG Private Bank Ltd, to Aabar.
Aabar's biggest shareholder is the International Petroleum Investment Co, which in turn is owned by the Abu Dhabi government.
22.3.09
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28.5.08
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Business Development Mission to Erbil, Iraq
The United States Department of Commerce, International Trade Administration (ITA) is
organizing a Business Development Mission to Erbil, Iraq, June 2008. The business
development mission will focus on establishing business meetings between U.S. companies and Iraqi companies, for both export and investment. The mission will be open to U.S.companies from all non-petroleum sectors.
organizing a Business Development Mission to Erbil, Iraq, June 2008. The business
development mission will focus on establishing business meetings between U.S. companies and Iraqi companies, for both export and investment. The mission will be open to U.S.companies from all non-petroleum sectors.
Buying Real Estate in Dubai
Patton Boggs, LLP review of the legal challenges that face foreign investors.
26.5.08
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Islamic Funds On the Rise
The number of Islamic funds worldwide could double to 1,000 by 2010, driven by growth in sharia sensitive assets controlled by investors in the GCC and Far East, says Ernst & Young.
$100k-$10 million Loans
Overseas Private Investment Corporations's (OPIC) Small Business Center (SBC) offers qualified small businesses, with annual revenues less than $35 million, the opportunity to utilize OPIC’s streamlined approval process.
For businesses with annual revenues over $35 million but under $250 million, please browse through the other parts of our Financing section using the menu on the right.
SBC Financing offers direct loans from $100,000 to $10 million with terms from 3-15 years. While the eligible U.S. small business must own at least 25 percent of the overseas project, OPIC may be able to finance up to 65 percent of the total project costs.
For businesses with annual revenues over $35 million but under $250 million, please browse through the other parts of our Financing section using the menu on the right.
SBC Financing offers direct loans from $100,000 to $10 million with terms from 3-15 years. While the eligible U.S. small business must own at least 25 percent of the overseas project, OPIC may be able to finance up to 65 percent of the total project costs.
Hong Kong-Dubai Sharia Compliant Products
The Hong Kong Monetary Authority (HKMA) and the Dubai International Financial Centre Authority (DIFC Authority) signed a Memorandum of Understanding (MOU) on 20 May 2008 aimed at fostering co-operation in the development of Sharia-compliant financial products and the financial infrastructures in their respective jurisdictions.