The troubled mortgage firms in Dubai, Amlak and Tamweel, would welcome additional injection of government funds, as they hope to complete an expected merger by March, said the chairman of Tamweel.
The largest telecoms company, Deutsche Telekom, is in search for a partner for its mobile communications business in the United States.
According to a market source, the two major owners of Polyus Gold have changed their decision to sell the 5 percent share in the largest gold miner in Russia after failing to obtain enough bids from investors.
The deadline for the review of US software company Oracle’s plan to purchase the computer maker Sun Microsystems for $7 billion has been extended by the regulators of the European Union.
The largest independent oil refiner, Petroplus may need to save money amid the tough trading conditions and defer an acquisition drive.