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Qatar Not Considering Bid For Marks & Spencer – Source

Reports claimed Qatar Investment Authority was seeking a consortium for an £8 billion takeover of the British retail store.

Qatar Seeks Partners for $12.1bn Marks & Spencer bid

Qatar Investment Authority has reportedly approached several large private equity houses to jointly bid for British retailer Marks & Spencer.

Broker FIS Says Relocating Ship Futures To Dubai

Managing director John Banaszkiewicz says the broker will take advantage of Dubai’s proximity to Asia.

UK Government Promotes London As Islamic Finance Hub

More than $34 billion worth of Islamic bonds have been issued through the London Stock Exchange.

Nomura’s EMEA CEO To Leave Bank

John Phizackerley had previously said he planned to beef up staffing at the lender’s Dubai office.

GCC Tourists Spend Dhs2,440 Per Head In The UK

Visitors from Qatar and Kuwait were found to be the biggest spenders.

Qatar Picks Sarkozy To Lead Wealth Fund

France’s ex-President would take a non-executive role to help direct where to invest $650 million.

Lyon Targets Daily Flight To Dubai

The city of Lyon is in talks with the UAE to boost tourism and green tech trade.

Gulf Investors To Bid $2.3bn For Arsenal FC

Qatar and UAE-backed investors are expected to make what will be the largest ever bid for a football club.

Badoit Reports Triple-Digit Growth Across Middle East

The Gallic brand also saw a four-fold increase in volume sales on the previous year.

Former Foreign Secretary Miliband Dismisses UK Ratings Downgrade

David Miliband called for investment and innovation, speaking at a conference in Abu Dhabi.

Barca Extend Etisalat Sponsorship Deal To June 2017

The deal confirms Etisalat as FC Barcelona’s main sponsor in UAE, Nigeria, Ivory Coast, Benin, Togo, Niger, Gabon and the Central African Republic.

Etisalat Picks Banks For $6bn Maroc Telecom Stake

Etisalat is talking to banks about a syndicated loan of up to $8 billion to finance the potential transaction.

Turkish Airlines To Spend $120m On Ads This Year

The carrier’s recent advertisement featuring sports stars Lionel Messi and Kobe Bryant has received over 102 million YouTube hits.

Air Berlin Makes First Profit In Five Years

Shares in Germany’s second biggest airline jump after Etihad Airways buys stake in frequent flyer programme.

UAE Close To Decision On UK, French Fighters

The French Rafale jet and BAE Systems-backed Eurofighter Typhoon are in a closely-contested race to win the deal.

Eurofighter ‘Still In Race’ For India Jet Deal

Rafale jets have the UAE interested but Eurofighter chief says India deal is far from closed.

Investcorp Buys Scottish Firm Hydrasun, Plans GCC Expansion

The value of the deal was not disclosed, but it is estimated to be between $150 to $300 million.

France Woos UAE Over Rafale Fighter Jet Deal

France is hopeful of selling 60 Rafales to the UAE despite criticism of the plane’s manufacturer in 2010.

TAQA Says Found Oil In North Sea Field Off Scotland

Abu Dhabi’s TAQA said that two columns of oil have been found since drilling began in November.

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Bucharest – Romania’s Little Paris

Bucharest is one of those cities that exist at the edge of extremes. Beautiful yet dilapidated, chic yet downtrodden, it is an Eastern European curiosity.

Saudi Arabia To Buy German Patrol Boats

The Kingdom is expected to spend $2 billion on ships from a Bremen-based dockyard.

UAE’s Camelicious Given EU Export Licence

EICMP will become the first Middle Eastern producer to export camel milk-based products to Europe.

UAE’s Dana Gas Sells Part Of MOL Stake

Hungarian oil and gas group MOL’s shares were down 4.1 per cent on Friday, a five-week low.

Barclays’ Bosses Duck Qatar Questions

UK authorities have been investigating the bank’s fundraising from Qatar at the height of the 2008 financial crisis since July.

Qatar Steel Awards Siemens $38m Contract

Qatar Steel, a subsidiary of Industries Qatar, launched a $5.7 billion aluminium plant in December 2009.

Infiniti Red Bull Racing Unveil RB9

The world champions use a new livery in recognition of its new title partner.

Barclays Finance Director Lucas, Top Counsel To Retire

The British bank, battling with a series of scandals, has appointed headhunters to find suitable replacements.

High-Profile Islamic Finance Firm Dar Al Istithmar Closes

Most of its staff moved to Khalij Islamic, another investment firm with offices in London and Dubai, says sources.

Qatar To Invest $1.34bn In Greek SMEs

The Greek investment scheme is similar to a Qatari plan to invest in Italian companies.