Tag: Asset Sales
FAB sells 60% in its payment unit Magnati to Canada’s Brookfield
First Abu Dhabi Bank (FAB), the UAE’s largest lender by assets, has signed an agreement to sell 60 percent of its stake in the...
Abu Dhabi’s TAQA looking to sell its oil & gas assets...
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utility companies in the region, has started a strategic review of its...
Bahrain’s GFH concludes sale of UK-based prime logistics center for $123mn
Bahrain-based Islamic investment bank GFH Financial Group’s UK subsidiary, Roebuck Asset Management (Roebuck) has concluded an off-market sale of Accolade Park to Tritax Big...
US-based Citigroup to raise $6bn through unit sale
American multinational investment bank and financial services company Citigroup could raise up to $6 billion by selling retail banking assets in 13 markets across...
Abu Dhabi’s TAQA considers potential sale of its oil & gas...
Abu Dhabi National Energy Company (TAQA) is planning for a potential sale of its oil and gas assets, as the UAE state-owned utility company...
Dubai’s Nakheel plans to sell its district cooling assets
UAE-based leading property developer, Nakheel is reportedly considering the sale of its district cooling assets, as real estate firms in the country sell assets...
