December 2005
MEED: Middle East Economic Digest;12/16/2005, Vol. 49 Issue 50, p42
The article offers news briefs on banking and financial issues in Middle East as of December 2005. A strategic partnership was formed between Arabian Seas Insurance Co. and Global Investment House. Amwal was selected to be the financial adviser of a real estate development project by Nasser Bin Khalid & Sons Group in Doha, Qatar. The planned initial public offerings of Yanbu National Petrochemicals Co. and Aldrees Petroleum & Transport Services Co. were approved by the Capital Market Authority. Abu Dhabi Commercial Bank has released an 80 million worth in Singaporean dollars of one-year floating rate note. International law firm DLA Piper Rudnick Gray Cary will open an office in Dubai, United Arab Emirates in 2006.


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