Leading providers of investment research, business and IP research and company valuation services
News & Views General
Topaz Energy and Marine, a wholly owned subsidiary of Oman’s Renaissance Services, divested its offshore support vessel TEAM Siam to Thailand’s Mermaid Offshore Services Ltd for $29.5 Mn.
Bahrain Flour Mills Company received about BD10 Mn as a government subsidy in 2009, due to the rise in the global wheat prices. The company [...]
News & Views General
Zain has removed ownership restrictions to enable foreign investors to acquire a majority stake in the company.
Saudi Aramco’s planned joint venture with Dow Chemical would have an annual production capacity of 8 Mn tonnes of petrochemical products.
Sabb Takaful has successfully raised SR343.4 Mn in capital through its rights issue. The final allocation [...]
News & Views General
§ France Telecom’s unit submitted an obligatory tender offer to acquire the entire stake of Egypt based Mobinil.
§ Saudi Arabia’s capital expenditure on development projects rose 103% y-o-y to SR40.6 Bn during the first quarter of 2009.
§ Oman and Uzbekistan have set up a joint investment company with a capital of [...]
