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UAE's KBBO Group picks London for listing merged subsidiaries

BY Reuters |

United Arab Emirates' privately-owned KBBO Group has picked London for listing its merged subsidiary, two sources said as the firm pushes ahead with plans to raise over $1 billion from a share sale.
Indonesia's audit of Petral trading unit reveals fraud

BY Reuters |

An investigative audit of Pertamina's oil trading arm has revealed clear signs of fraud, CEO of the state-owned energy company said, amid an ongoing push to reform Indonesia's oil sector.
Chevron's Thai unit aims to raise $435 mln from IPO; PTT to exit

BY Reuters |

Thailand's Star Petroleum Refining Pcl (SPRC) has set its IPO price at 9 baht ($0.2510) per share, aiming to raise up to 15.6 billion baht ($435 million) in an initial public offering later this month, the company said in a filing.
Trowers advises Oman on first sovereign sukuk

BY ALB, Reuters |

Trowers & Hamlins has advised Oman on its first issue of sovereign Islamic bonds, a 250 million Omani rial ($650 million), five-year sukuk with an ijara format.
New realism sets in Gulf after tough CBD deal

BY Reuters |

Commercial Bank of Dubai priced a comeback deal but failed to quell concerns about liquidity in the Middle East.
Bahrain mandates banks for potential US dollar benchmark

BY Reuters |

The Kingdom of Bahrain has mandated Bank ABC, BNP Paribas, Citigroup, HSBC and JP Morgan for a potential RegS/144a US dollar benchmark transaction, according to a lead.
Pakistan says finalises $16 bln LNG deal with Qatar

BY Reuters |

Pakistan has finalised a $16 billion liquefied natural gas (LNG) deal with supplier Qatar and shipments are expected to begin next month, Pakistani energy minister Shahid Khaqan Abbasi said.
Qatar Financial Centre says to ease foreign investment rules

BY Reuters |

The Qatar Financial Centre will pass a new law in 2016 simplifying procedures for foreign investors and giving them more access to the local market, the centre's chief executive said.
GE to sell Australia, NZ commercial lending portfolio to Bain affiliate

BY Reuters |

GE said on it had agreed to sell GE Capital's commercial lending and leasing portfolios in Australia and New Zealand to Sankaty Advisors, the global credit affiliate of Bain Capital.
India plans to sell 5 pct stake in Container Corp

BY Reuters |

The government is planning to sell a 5 percent stake in state-run Container Corp, a notice seeking interest from investment banks to manage the sale worth about $200 million at current market price showed.