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  • DUBAI, Oct 2- Aldar Properties:. *Aldar Properties, Sorouh Real Estate says due diligence on potential merger ongoing- statement. *Abu Dhabi's Aldar, Sorouh say merger discussions at an advanced stage.

  • RLPC-UAE utility TAQA seeks $3 bln loan refinancing Tuesday, 2 Oct 2012 | 12:50 AM ET

    LONDON, Oct 2- Abu Dhabi National Energy Co is looking to refinance up to $3 billion of syndicated loans and banks are due to submit proposals this week, two bankers close to the deal said on Tuesday. But TAQA may have to pay more than on its original $3 billion loan signed in December 2010 with coordinator Bank of Tokyo-Mitsubishi UFJ.

  • SINGAPORE, Oct 2- U.S. crude eased closer to $92 a barrel on Tuesday, as concerns over the pace of economic recovery in the United States and the possibility of a recession in Europe weighed on investors. was down 14 cents at $92.34 a barrel by 2338 GMT, after settling up 29 cents at $92.48 on Monday.

  • LAHORE, Pakistan, Oct 2- Twenty-three years of military service come in handy when Masood Haider gets a call from a suspicious spouse. "What was taken as taboo 20 to 25 years ago is no more taken that way," said Haider, 53, a former army pilot who founded FactFinders, Pakistan's first licensed private detective agency.

  • DUBAI, Oct 1- Iran's rial plunged against the U.S. dollar in open-market trade on Monday, taking its loss in value over the past week to more than a quarter in further evidence that Western sanctions are shattering the economy.

  • Irene Tse, who headed the North America operations of the Chief Investment Office, told the firm she is resigning to focus on "entrepreneurial ventures," according to a memo on Monday from Chief Operating Officer Matt Zames, a copy of which was obtained by Reuters.

  • Rare labor petition in Iran shows economic alarm Monday, 1 Oct 2012 | 2:16 PM ET

    TEHRAN, Iran-- For weeks, a manifesto complaining about Iran's stumbling economy circulated in secret among factories and workshops.

  • Ikea deleted women from Saudi version of catalog Monday, 1 Oct 2012 | 1:35 PM ET

    The report raised questions in Sweden about Ikea's commitment to gender equality, and the company released a statement expressing "regret" over the issue. "We should have reacted and realized that excluding women from the Saudi Arabian version of the catalog is in conflict with the IKEA Group values," the company said.

  • He will be based in London. Willett joins from Royal Bank of Scotland, where most recently he was chairman of corporate finance for Europe, the Middle East and Africa. A top Morgan Stanley broker, Jonathan Madrigano, who last year managed about $2 billion in client assets left the company's brokerage division on Friday to join J.P. Morgan Securities.

  • By Dinesh Nair and Patrick Werr DUBAI/ CAIRO, Oct 1- Dubai's Emirates NBD. and Morocco's Attijariwafabank have bid for BNP Paribas' Egyptian retail arm, four banking sources said, as regional banks look to pick up assets being shed by European lenders.

  • DUBAI, Oct 1- Abu Dhabi- listed First Gulf Bank. launched a five-year, $650 million bond at 210 basis points over midswaps, arranging banks said on Monday. Citi, National Bank of Abu Dhabi, HSBC, Standard Chartered and Deutsche Bank are arranging the deal.

  • TV critic of Egypt's Islamist president freed Monday, 1 Oct 2012 | 10:15 AM ET

    CAIRO-- The owner of a TV station on trial for incitement following his call for the killing of Egypt's Islamist president has been released after being briefly detained over allegations of theft of electrical power and bounced checks, security officials said on Monday.

  • MOVES-StanChart, BlackRock, Lazard, Barclays Monday, 1 Oct 2012 | 10:14 AM ET

    The bank named Tom Willett as head of mergers and acquisitions, Europe. He will be based in London. Willett joins from Royal Bank of Scotland, where most recently he was chairman of corporate finance for Europe, the Middle East and Africa.

  • *Dubai lender ENBD and Morocco's Attijari among bidders. DUBAI/ CAIRO, Oct 1- Dubai's Emirates NBD. and Morocco's AttijariWafabank have bid to buy BNP Paribas' Egyptian retail arm, four banking sources said, as regional banks pick up assets being shed by European lenders.

  • Ikea deleted women from Saudi version of catalogue Monday, 1 Oct 2012 | 8:13 AM ET

    The report raised questions in Sweden about Ikea's commitment to gender equality, and the company released a statement expressing "regret" over the issue. "We should have reacted and realized that excluding women from the Saudi Arabian version of the catalogue is in conflict with the IKEA Group values," the company said.

  • DUBAI, Oct 1- Iranian authorities have reopened access to Google Inc's email service a week after blocking it, a government official and Iranians said on Monday.

  • Iran unblocks Google email again after for citizens Monday, 1 Oct 2012 | 7:36 AM ET

    DUBAI, Oct 1- Iranian authorities have reopened access to Google Inc's email service a week after blocking it, a government official and Iranians said on Monday.

  • Gazprom, India's GAIL agree 20-yr LNG sales deal Monday, 1 Oct 2012 | 7:27 AM ET

    DUBAI, Oct 1- Russia's Gazprom Marketing and Trading has signed a legally binding agreement to supply liquefied natural gas to India's GAIL for 20 years, the companies said on Monday.

  • *Barwa is part-owned by Qatar Holding. DOHA/ DUBAI, Oct 1- Barwa Bank, a Qatari lender part-owned by Qatar Holding, plans an initial public offering on the Doha stock exchange and is being advised by local investment bank QInvest, Barwa's top executive said on Monday. Barwa Bank is 37.3- percent owned by Barwa Real Estate Co.

  • DUBAI, Oct 1- Abu Dhabi- listed First Gulf Bank. FGB's existing 2017 maturity- a $500 million Islamic bond, or sukuk,- was yielding about 2.7 percent on Monday, according to Thomson Reuters data, at a z-spread of about 207.6 basis points. Benchmark-sized is understood to mean at least $500 million.