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investment

Google deepens its investment in MENA region Google launches its regional office in Cairo, further investing to provide the best Google service to users and customers in the region.



Tanmiyat Group sponsors Khaleeji 18 Photo Exhibition Following the United Arab Emirates’ first Gulf Cup Championship football victory, Tanmiyat Investment Group is sponsoring an exhibition of photographs depicting some of the team’s most memorable moments, both on and off the field.



Avaya enters into merger agreement with Silver Lake and TPG Capital Avaya Inc. has entered into a definitive merger agreement with Silver Lake, the leading investment firm focused on large-scale investments in technology-driven growth industries, and TPG Capital, a leading private investment partnership, for approximately $8.2 billion or $17.50 per common share.



Show me the money: Ex US officials swell hedge funds' ranks What do three former US Treasury secretaries, one time secretary of state Madeleine Albright, a former US ambassador to the United Nations and ex Spanish prime minister Jose Maria Aznar have in common?



Al Fajer Properties highlights realty investment avenues in Dubai at UAE-Korea Business Investment Opportunities Expo The three-day exhibition, organized by the federation of UAE Chambers of Commerce & Industry and Korea Chamber of commerce and Industry, is being held at a time when the trade volume between the two countries is growing rapidly – in 2006, the trade volume between UAE and Korea crossed US$ 15 billion.



Sultan Bin Ahmed Al Qassimi invites Korean investors to share in Sharjah’s attractive business environment Sheikh Sultan Bin Ahmed Al Qassimi, Chairman of the Sharjah Commerce and Tourism Development Authority stressed that the Emirate of Sharjah is well known in the region for its ideal investment environment, which attracts investors from all over the world.



NBD Investment Bank opens up its Aafaq Investment Funds to retail and institutional investors NBD Investment Bank has announced that its Asset Management division’s Aafaq Investment Funds are now available for subscriptions from retail investors, corporations and institutional investors.



SMARTRAC investment earns 63% in 14 months for Injaz Mena clients Investing in a Dutch RFID manufacturer has proved to be a real smart move by Injaz Mena Investment Company, with a 63% profit to its co-investors in just 14 months.



WAIPA organizes training course in RAK FTZ The World Association of Investment Promotion Agencies (WAIPA) will organize a regional workshop under the title of "Middle East Customer Service and Investor Aftercare" at the Ras Al Khaimah Free Trade Zone (RAK FTZ) on June 22-23.



Private equity groups raised record funds in 2006: industry Private equity companies in Europe raised a record 112 billion euros (150 billion dollars) in 2006, an increase of 56.4 percent compared with 2005, industry association EVCA said Tuesday.



UAE to allow 100-percent foreign company ownership The booming United Arab Emirates is to allow foreigners to own a full 100 percent of local companies, up from 49 percent now, the economy minister was quoted as saying on Tuesday.