Business Blog

Building on the confidence and recognition Bahra Advanced Cable Manufacturing Co. Ltd. had with the local banks, the company added a new entry to its record of achievements by obtaining the confidence and recognition of international banks.

Alizz Islamic Bank CEO said the bank could break even after three years or more.

Islamic Development Bank is allocating USD 450 million to finance the development of Sharm el-Sheikh international airport.

(Adds details on PODS Enterprises CEO)By Greg Roumeliotis and Soyoung KimNEW YORK, Sept 16 (Reuters) - PODS Enterprises Inc, a U.S. moving and storage company managed by members of the private equity firm Eagle Merchant Partners, is exploring a sale that could value it at around $1 billion, including debt, according to people familiar with the matter.PODS Enterprises, overseen by partners of Atlan

By Greg Roumeliotis and Soyoung KimNEW YORK, Sept 16 (Reuters) - Eagle Merchant Partners, a private equity firm, is exploring a sale of PODS Enterprises Inc that could value the U.S. moving and storage company at about $1 billion, including debt, according to people familiar with the matter.Atlanta-based Eagle Merchant, whose team came from bankrupt Bahrain investment firm Arcapita Bank BSCC, has

(Adds details on PODS Enterprises CEO)By Greg Roumeliotis and Soyoung KimNEW YORK, Sept 16 (Reuters) - PODS Enterprises Inc, a U.S. moving and storage company managed by members of the private equity firm Eagle Merchant Partners, is exploring a sale that could value it at around $1 billion, including debt, according to people familiar with the matter.PODS Enterprises, overseen by partners of Atlan