Masdar Capitals two major investment vehicles, Masdar Clean Tech Fund and DB Masdar Clean Tech Fund together have US$540 million under management.

Yanbu Cement Company?s (YCC) recently released Q2 results that showed YoY growth on all profit lines stood at around 30 per cent.

Egypt is seeking to raise US$3 billion to finance its budget deficit for the 2011-12 financial year, its Finance Minister Samir Radwan said in Dubai.

Tyco International Ltd announced that it has completed its acquisition of a 75 per cent equity stake in United Arab Emirates-based KEF Holdings Ltd. (KEF), an integrated valve manufacturer and provider of steel castings to the oil and gas, chemical, mining and power industries.