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...His father’s company — then called the Al-Zahawi Group, but now known as Iraq Projects Business Development (IPBD) — quickly procured a contract to provide cleaning, logistics and support services to the...
...Other vaccines being deployed include BioNTech/Pfizer, Oxford/AstraZeneca and the Russian Sputnik V jab....
...Dr Nawal Al Kaabi, chair of the national Covid-19 clinical management committee, said initial data had suggested that immunity would last for four to six months....
...and Wirecard Processing Dubai FZ LLC), Ireland (Wirecard Payment Solutions Holdings Ltd., Wirecard UK & Ireland Ltd.) and starting in 2017 Wirecard's subsidiary in the US (Wirecard North America Inc)....
...However, ULA’s reliability record may be challenged by a significant looming upheaval facing its main rocket, the Atlas V....
...Songbird said on Thursday that Mr Costa had been appointed as a board director with immediate effect, filling the vacancy left by Khalifa Al-Kuwari when he stepped down in September....
...The investment vehicle owned by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has paid 18.5 per cent of about $330m in outstanding loans owed to RBS and four other lenders, people with knowledge of the...
...The stake was sold by Turkey’s Anadolu Group, a Turkish beverage-oriented group, which will retain a 25 per cent stake and representation on the board....
...Dubai Group, owned by Sheikh Mohammed bin Rashid Al Maktoum, declined to comment....
...The unit’s former chairman was Ken Costa, a seasoned dealmaker who joined from UBS and brokered the sale of Harrods by Mohammed al-Fayed to Qatar Holding....
...The remaining $4bn lies in inter-company loans with Dubai Group’s parent, Dubai Holding, owned by Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum....
...The commercial hub is starting to recover from a recession triggered by the global financial crisis and the pricking of its real estate bubble....
...Among the early bidders are a Chinese sports entrepreneur, Kenneth Huang, who claims to have the backing of his government; and the Kuwait-based al-Kharafi family.Related link: Liverpool FC auction draws...
...This offers to pay back the principal over five to eight years on sub-commercial interest rates....
...Both Mr Sulayem and Mohammed al-Gergawi, who sits at the helm of Dubai Holding, have lost much of their power....
...The deal still requires regulatory approval, although analysts said that approval was a formality....
...Barclays on Monday received three bids for iShares from private equity groups....
...Colony Capital played an important role in persuading Barclays to sell iShares after being introduced to Mr Jenkins by a Middle Eastern group that is invested in both....
...The group has also had setbacks on the trading side....
...But the hope from the European side is likely to centre on commercial considerations, with Dubai-based carrier Emirates already a big Airbus customer....
...Investors from the Middle East meanwhile spent £3.7bn on commercial property in central London in the five years up to last Christmas....
...Al Aziziz Commercial Investment Company, run by the prince, took a £2bn-plus stake in Bank of China last year. Kuwait and Qatar also invested heavily in Industrial & Commercial Bank of China....
...Both hotels are part of the Dorchester Group. The Ritz, owned by Mohamed Fayed, the proprietor of Harrods, was fined €104,000. The George V, operated by the Four Seasons group, was fined €115,000....
...In March, Dubai International Capital, the international investment arm of Dubai Holdings, owned by Mohammed bin Rashid al-Maktoum, bought Tussaud’s Group, the theme park operator, for £800m....
...Private & Commercial Finance Group jumped 51.3 per cent to 29½p after the financial services company said it had received a tentative takeover approach....
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