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...Mercury LLC, a company operating in the Syrian oil sector and sanctioned by the EU in 2021, generated sales of $67mn in the three years before the designation but declared zero revenues afterwards....
...However the family will not have any control over its operations....
...“I would not have had the guts to propose a deal with 97 per cent deferrals”, Andrew Friedman, the Dodgers president of baseball operations, told MLB Tonight on Thursday....
...Riyadh-based lawyers Noor Al-Fawzan of Latham & Watkins and Manal Al-Musharaf of White & Case have joined as partners....
...“As we work through this transition, our businesses are continuing their operations as normal,” it said. With $16bn of assets worldwide, MAF is a mainstay of the Gulf’s tourist and commercial centre....
...“And so I know him well and know what his needs are, and how he likes to be staffed, and how he likes the operation to go”. The operation that is Biden’s presidency has certainly gone well so far....
...at $17.8bn in stock market debut (FT + Lex) Blackstone sells Rothesay stake for £2.1bn (FT) Nikola postpones showcase as it tries to win back confidence (FT) Singapore shuts down Wirecard’s payment operations...
...The three partner companies were Al Alam Solutions, a Dubai payment processor with thinly staffed operations in the Emirate, PayEasy Solutions, a Philippine payments business that shares an office with a...
...He replaces Reema Al-Asmari, who left the bank after six months in the role. More here from Bloomberg. UniCredit chief executive Jean Pierre Mustier will step down next April. More here....
...Adnoc, which will retain a 51 per cent stake in its leasing unit, will remain responsible for its operations and maintenance....
...Founded almost five decades ago by Indian expatriate BR Shetty, the other controlling shareholders are two influential Emirati investors, Mr al-Muhairi and Saeed al-Qebaisi, known collectively as the bin...
...Instead, the document specifies that NMC’s licences are held by Mr Saeed al-Qebaisi and Mr Khalifa al-Muhairi, two former major shareholders of NMC and business partners of the company’s founder BR Shetty...
...The club’s operations are handled by chairman Khaldoon al-Mubarak, one of the closest advisers of Sheikh Mohammed bin Zayed al-Nahyan, Abu Dhabi’s crown prince and the de facto leader of the United Arab...
...Private equity groups would like others to believe that they spend the bulk of their time fixing the operations of broken companies....
...Saudi Arabian energy minister Ali al-Naimi started considering a different strategy — strangle US shale by raising the kingdom’s own output....
...Al Walker, Anadarko’s chief executive, told the CERAWeek conference in Houston last year: “I have terabytes and terabytes of seismic data, and I might use 5 per cent of that.”...
...“As Saudi Arabia’s capital markets evolve to match the size of the country’s economy, there is a prime potential for greater debt issuance,” said Meshari Al Khaled, managing director for S&P Global Ratings...
...Large bricks-and-mortar retailers, such as Al-Futtaim Group, Majid Al Futtaim, Landmark and Alshaya, are also working on their ecommerce strategies to meet competition from Amazon and Noon....
...The company had previously threatened to suspend operations after quarrelling over delayed approvals for mine developments....
...Large bricks-and-mortar retailers, such as Al Futtaim Group, Majid al-Futtaim, Landmark and Alshaya, are also working on their own ecommerce strategies to meet upcoming competition from Amazon and Noon....
...They were due to have dinner with Sheikh Hamad bin Jassim bin Jabr al-Thani, at the time the Gulf state’s powerful prime minister....
...The investors in Barclays’ 2008 share issue included Sheikh Hamad bin Jassim bin Jabr al-Thani, former prime minister of Qatar, whose son chairs the board of directors at QInvest....
...Elsewhere in the UAE, Abu Dhabi’s proposed Al Gharbia Chemicals Industrial City has a $20bn price tag....
...It took al-Qaeda more than a decade to build upon the foreign fighter networks that grew out of the last big jihadi conflict in Afghanistan in the 1980s, the official noted....
...“As majority shareholders in Dragon Oil we believe there is a need to refocus the Turkmenistan operations and ensure field life sustainability,” Mr Al Falasi said....
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