Trading in shares of Amlak was suspended in November 2008 as credit markets dried up.
The five-year deal will be only the fourth Kangaroo transaction from a Middle Eastern bank.
Net profit in 2013 was 46.2 million dinars ($164.1 million) compared to 33.7 million dinars a year earlier.
The non-agreement on the structure and the valuation of the deal were the primary reasons to call off the merger, a statement said.
The Saudi index, which includes several large petrochemical companies, eased throughout last week as oil prices retreated.
Foreign investors now hold 13.7 per cent of Dubai Investments’ shares out of the total 20 per cent allowed, bourse data showed.
The company will issue as many as 110.3 million new shares with an over-allotment option of 16.5 million additional shares.
If it goes ahead, the sale of Mauser would be one of the largest asset disposals by the emirate since its debt crisis in 2009.
Air Berlin needs to remain German so as not to lose its traffic rights outside the European Union, a German weekly reported.
Oman’s government has said it would revive its privatisation programme to raise revenue and stimulate the private sector.
Paris-based Webedia has bought a majority stake in digital media firm Diwanee.
The sukuk will enhance the bank’s Tier 2 – or supplementary – capital.
The share sale is expected to take place on Dubai Financial Market around the end of this year.
Expenditure in April-September accounts for a little over 44 per cent of the record 210.6 billion riyals Qatar plans to spend in the 2013/14 fiscal year.
The Capital Markets Authority issued the regulations in June 2013, giving companies until the end of 2014 to implement them.
Islamic banking assets grew 12.2 per cent in 2013, compared to the 11.2 per cent growth posted by conventional banks last year.
The world’s fourth-largest port operator posted annual revenues of $3.07 billion for 2013, down 1.5 per cent on 2012.
Only a quarter of Dubai firms will increase schooling allowance for employees this year, says a Mercer study.
The Dubai Department of Economic Development is currently conducting a feasibility study along with Noor Investment Group.
The lenders – Abu Dhabi Commercial Bank and Abu Dhabi Islamic Bank – are now the frontrunners to acquire the business.
The number of firms operating under DSOA grew to reach 929, the company said.
The Islamic investment firm’s unit is in the process of selling a majority stake in English soccer club Leeds United.
The loan, which refinances an existing $1.1 billion facility, attracted commitments from lenders worth more than $5 billion.
Mumtalakat had $7.1 billion of assets under management at the end of September and holds stake in 40 firms in Bahrain’s non-oil sector.
Around 90 per cent of the GCC’s high net worth individuals are more focused on wealth generation than preservation.
Dubai’s largest listed property developer has said it would list 25 per cent of its shopping malls and retail unit.
Bueno replaces Michel Accad who resigned in October last year.
London remained the favourite Western destination for regional real estate investors.
Prior to joining Coutts, Dugan was CIO of Dubai’s Emirates NBD.
Pakistan’s central bank stated the prospective buyer had not met its standards for suitability.