Home next Europe next United Kingdom

United Kingdom

Oman’s Renaissance Sells Unit To UK Interserve For $46m

The UK group bought Topaz Oil and Gas to expand its growth in the Middle East.

London Remains Safe Haven For Middle East Property Investors

However, GCC investors are looking beyond traditional luxury hotspots such as Mayfair and Knightsbridge.

Kuwait Fund Says More Than Doubled UK Investment In Past 10 Years

Kuwait Investment Authority, which has around $342 billion assets under management, has increased investment in Britain to over $24 billion.

BAE Hopeful For UAE Eurofighter Decision This Year

Dassault’s Rafale jets and the BAE Systems-backed Eurofighter have been locked in competition for the deal to replace at least 60 of the UAE’s Mirage fleet.

Dubai-Based Businessmen Named In HM Queen’s Birthday Honours List

Mark Beer becomes an OBE and Joseph Tabet an MBE, in recognition of their work to promote UAE-UK ties

Emirates Plans Indoor Aviation Theme Park In London

The 330 square metre facility will highlight operations and achievements of commercial air travel.

UBP Snaps Up Lloyds International Private Banking Arm

Lloyds also said on Wednesday that it would close its business in Dubai and intended to withdraw from South Africa.

UK Expats – Are You Liable To Tax Back Home?

The UK’s new residency criteria could have major consequences for some expats, says James Thomas, regional director at Acuma Independent Financial Advice.

Britain’s Islamic Bank BLME Seeks Stronger Gulf Ties – CEO

The Bank of London and The Middle East plans to open an office in Dubai this year to help boost its capital markets.

Qatar’s QPI Hopes To Extend Centrica North America Deal

Centrica and QPI said in April they would buy Suncor Energy Inc’s gas business in Canada for C$1 billion ($986.73 million) in their first acquisition.

UK Backs Dubai As Expo 2020 Host

Regional diversity makes Dubai the first choice for Expo 2020 bid, says UK minister.

Exxon And Qatar To Ship US Natural Gas To Britain

Under the deal, the companies would send up to 15.6 million tonnes of LNG each year to their South Hook terminal in Wales from the Golden Pass plant in Texas.

Masdar Eyes Further Investment In UK’s Clean Energy Sector

Abu Dhabi clean energy company Masdar has signed an MoU with UK’s GIB.

UAE’s Sheikh Khalifa Visits The UK’s Queen

HH Sheikh Khalifa will meet prime minister David Cameron on Wednesday.

Shell Beats Total To Become UAE’s Sour Gas Partner

The 30-year venture puts Shell in position to renew its role in the UAE’s largest onshore oil concession when that contract comes up for renewal next year.

Godolphin’s Al Zarooni Hearing Set For Thursday

Eleven Godolphin horses based at Newmarket in southern England tested positive for steroids, including Certify and Opinion Poll.

Qatar, UK’s Centrica Buy $987m Of Gas Assets In Canada

The deal is the first joint investment by Qatar Petroleum International and Britain’s biggest energy supplier.

UK Property Developers Woo ME Buyers

New exhibition in Dubai to feature luxury London properties that are not yet marketed even in the UK.

Former UK Prime Minister Margaret Thatcher Dies

Baroness Thatcher became the first female prime minister for the United Kingdom in 1979.

UK Gas Stocks Swell On LNG Supplies From Qatar

Three large deliveries from Qatar of super-cooled gas over the last week increased stocks of liquefied natural gas to 6,219 GWh.

Leeds United’s Dubai-Based Owner Says Studying Investor Offers

GFH Capital is bringing in additional investors to develop the English soccer club.

Leeds Football Club Sell Stake To Bahrain Bank

International Investment Bank’s chief executive, Aabed Al-Zeera, will join the Leeds City Holdings Limited.

UAE President Sheikh Khalifa To Visit The UK Next Month

This is the UAE’s first state visit to the United Kingdom since 1989.

Leeds United Owner Says Seeks Investors, Not Buyer

The statement conflicts with comments made by its Bahrain-based parent Gulf Finance House.

UAE Oil Firm Lamprell Fined Dhs13.3m By London Regulator

The UK’s Financial Services Authority said Lamprell failed to inform the market of its deteriorating financial position on time.

Dubai-Based GFH Capital In Talks To Sell Leeds United Soccer Club

GFH Capital purchased the club from majority shareholder Ken Bates at the end of last year.

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.