Dreyfus agreed to sell a 45% indirect stake in Louis Dreyfus, the agricultural merchant that has borne her family’s name for almost two centuries, to a holding company in the United Arab Emirates.
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UAE- Etihad Credit Insurance awarded Most Innovative Finance Solutions in Middle East 2020 for the second year in a row
DUBAI, 10th November 2020 (WAM) – Etihad Credit Insurance (ECI), the UAE Federal export credit company, has been recognised as the Most Innovative Finance Solutions in Middle East 2020 by the …
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Dubai Islamic Bank mandates banks for US dollar sukuk-document
Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, Sharjah Islamic Bank, and Standard Chartered Bank will act as joint lead managers …
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Dubai Shopping Festival to begin on December 17
Next year’s Ramadan, Eid Al Fitr festivities in Dubai to be held April 12 to May 15 Dubai: The 26th edition of the Dubai Shopping Festival will run from December 17, 2020 to January 30, 2021), …
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Top 7 Things To Do in Dubai This Weekend: November 12-14
Art, sports, family fun and theatre – you can explore just about every interest this weekend. Discover a designer’s haven …
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Mall of the Emirates offers customers the chance to take part in fun fitness activities and win exclusive prizes
Mall of the Emirates will give customers, mall visitors and members of the community the opportunity to take part in a fun and inclusive range of activities …
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Louis Dreyfus sells big stake to Abu Dhabi fund after investor hunt
AKIRAU.UL] has agreed to sell a large stake to Abu Dhabi-based holding company ADQ, marking the first external investment into the family-run commodity group, founded by Leopold Louis-Dreyfus in 1851.
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Louis-Dreyfus Opens Up for First Time With Abu Dhabi Deal
Dreyfus agreed to sell a 45% stake in the eponymous agricultural trader to an Abu Dhabi sovereign wealth fund, opening the storied family business to outside ownership for the first time to secure …
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We’re ‘very actively involved’ in talks with firms about relocating to Abu Dhabi, investment office says
Following a Financial Times report about the SoftBank Vision Fund’s possible relocation, Tariq Bin Hendi of the Abu Dhabi Investment Office said it is “actively involved” in inviting firms to move to …
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Louis Dreyfus to sell 45% stake to Abu Dhabi wealth fund
Louis Dreyfus Company, a family-owned commodities trading giant, reached the deal to sell an indirect equity stake to Abu Dhabi’s ADQ …
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Dubai’s Emaar reports nine-month profit almost cut in half
Dubai’s largest listed developer Emaar Properties reported on Wednesday a near halving in profit for the first nine months of the year, while its chairman said he was “cautiously optimistic” about the …
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Tawazun Economic Council speaks at Dubai Aerospace Forum
Abdullah Al Awani, Executive Director, Economic Partnerships at Tawazun Economic Council, attended the forum and spoke along with senior representatives from international defense, aerospace and …
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Dubai considers sale of airport cooling system business -sources
Dubai is considering the sale of the cooling system operations of its normally busy Dubai International Airport, two sources familiar with the matter said on Wednesday. DUBAI, Nov 11 (Reuters) – Dubai …
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Sharjah closes over 25 illegal sand parking lots
In a massive drive, the Sharjah Municipality has closed over 25 illegal sand parking lots that were sullying the aesthetic look of the city. Ali Ahmed Abu Ghazin, director of department of public …
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Dubai Islamic Bank mandates banks for U.S. dollar sukuk: document
Dubai Islamic Bank
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Dubai Islamic Bank mandates banks for US dollar sukuk
Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, Sharjah Islamic Bank, and Standard Chartered Bank will act as joint lead managers and joint bookrunners to arrange a series of …
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Indian engineering student found dead at Sharjah apartment
Investigation has been launched to know the reason behind the mysterious death of the Gujarat-boy, family devastated by the news …
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