Topaz attracts PE investment

Topaz attracts PE investment
  • Dubai-based offshore support vessel operator sells US$75mn stake in business to Standard Chartered Private Equity.
     
  • Company will use the new funds to buy new vessels and expand into new markets.
     
  • Taimoor Labib, regional head of MENA private equity at Standard Chartered Private Equity, will take a seat on the Topaz board.

GFH receives Islamic loan

GFH receives Islamic loan

Bahraini investment bank agrees US$105mn murabaha facility with Kuwait Finance House Bahrain.

Magnit closes RUB15bn loan

Magnit closes RUB15bn loan

Russian retailer will use Sberbank CIB funding line for working capital.

First Gulf Bank: Michael Aissaoui

First Gulf Bank: Michael Aissaoui

Abu Dhabi-based bank names new head of corporate finance advisory.

NSE: Peter Mwangi

NSE: Peter Mwangi

Kenyan exchange boss announces his departure at end of second three-year term.

June-July 2014

Cover story: The growth of green bonds

Cover story: The growth of green bonds

Governments, banks and companies are using the debt markets to finance their environmentally friendly work. Tim Burke reports on the efforts that will make 2014 a record year for green bonds.

Clean energy in Africa: A shining example

Clean energy in Africa: A shining example

A government initiative has helped renewable-energy projects to flourish in South Africa – and clean energy is taking a hold elsewhere on the continent too. Rod James reports.

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