Entries tagged "Dubai"
KKR's newly formed KKR MENA has been granted a license by the Dubai Financial Services Authority to operate from the Dubai International Financial Centre.
Citigroup Inc.'s plan of getting slimmer took another step forward, especially in Japan, where it reportedly is divesting Nikko Citi Trust & Banking Corp. for $277 million in cash, according to several media sources. But it seems as Citi is getting smaller via its headcount in one part of the world it's redeploying its resources in another part of the globe in the form of $8 billion of financing for Dubai's public sector, according to a recent press release. Citi has made it no secret -- going several years back -- that it wants a bigger presence in the Middle...
As rumors persist about a possible bid by South Korea's SK Telecom Co. Ltd. for Sprint Nextel Corp., thoughts turn to how the U.S. government might react. ...
