Markets

Yandex, the Russian search engine/internet service provider, hit the ground running with an initial public offering giving them a market cap of $11.2 billion. ...

Abu Dhabi conglomerate ATIC (the Advanced Technology Investment Company) has announced plans to take its stake in Globalfoundries, a microchip developer, from 87% to...

MMC Corp Bhd has announced that three of its holdings will go public sometime this year.  Gas Malaysia Sbn Bhd, Malakoff Bhd, and Johor...

IPIC (The International Petroleum Investment Company) revealed in recently disclosed financial statements that the Abu Dhabi government-backed corporation posted a 65% decrease in profits...

Singapore is looking to overtake Hong Kong as the capital of international fund management.  With $1.1 trillion in assets, up 13% from last year,...

Next week’s roundtable meetings with the Prime Minister of Malaysia and several big-name US companies is expected to lead to the announcement of a...

Despite a 31.5% decrease in earnings over the first quarter of 2011, SingTel remains confident about its long-term investment in Indian telecom Bharti.  The...

For a real estate developer such as Mohammad Alabbar, chairmain of Emaar, the Emirati company, there is no time to waste on such trivialities...

Glencore, the world’s largest commodities trader, recently announced a flotation valued at $11 billion.  Now, Aabar (owned by Abu Dhabi’s International Petroleum Investment Company)...

The largest commodities trader in the world, Glencore, has announced that it values its impending flotation at about $61 billion.  Shares will be offered...

Corporate, consumer, and SME & commercial lending by Bank Internasional Indonesia Tbk led the Malaysian backed company (Maybank ) to post record growth at...

Keeping in tune of their latest expansion ventures, it appears Qatar Airways is interested in acquiring a stake in Cargolux, the largest cargo carrier...

Malaysian delegates will head to Texas, USA for the Offshore Technology Conference held there May 2 to 5. The Malaysian Investment Development Authority will...

Warren Buffet has long been viewed as one of the most respected investors in the field, amassing a personal fortune in the billions of...

Sarawak state is set to host a new joint venture between Chinese and Malaysian investors.  An aluminum smelter plant will be built by the...

The Arab world’s largest airline carrier, Emirates, has decided to order even more new airplanes than previously anticipated in the next few months.  There...

ArabianBusiness.com has released their current list of the 50 biggest countries in the Gulf Coast region.  There were few surprises on the list, but...

Saudi Arabia and Turkey are set to announce a joint partnership to increase food production exports in Turkey to be sent to the kingdom. ...