ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.04% to close at 4492.97 points. Accordingly the Market Capitalization has gained AED 308.96 million attaining AED 728.82 billion. A total of 0.79 Billion Shares were traded with a total value of AED 1.19 billion during the trading session of 14-03-2016 through 10559 transactions. The number of companies which ...

VIENNA / Bloomberg IFM Global Infrastructure Fund offered to pay a 21 percent premium to increase its stake in Vienna International Airport as the Australian private-equity investment company seeks stable income from infrastructure operators amid a drop in interest rates. IFM plans to pay 100 euros a share to lift its holding in Flughafen Wien AG (Vienna International Airport) to ...

BEIJING / AFP Alibaba Group Holding Ltd.’s delivery affiliate attracted investments from Malaysia and Singapore, including Temasek Holdings Pte, in its first round of external fundraising since its creation in 2013. Zhejiang Cainiao Supply Chain Management Co. also gained funding from GIC Pte. and Khazanah Nasional Bhd to bankroll its expansion, according to an e-mailed statement on Monday. The company ...