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Glencore sells agri stake to Canadian fund for $625mn

  Bloomberg Glencore Plc agreed to sell just-under a 10 percent stake in its agriculture unit to Canada’s British Columbia Investment Management Corp. for $624.9 million in cash as it continues to cut debt. The commodities trader and miner, which sold a 40 percent stake in the business to Canada Pension Plan Investment Board for $2.5 billion in April, will ...

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THE WHEEL DEALS!

  RITIKA SHARMA / Emirates Business His eyes gleam with excitement as he walks towards the newest BMWs and Rolls Royce cars in the showroom. As he goes on explaining about the engineering and impressive design of one of the most expensive vehicle brands in the auto industry, Arno Husselmann, General Manager of Abu Dhabi Motors, the biggest BMW and ...

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The first comprehensive buyer’s guide to car insurance

  Our Correspondent EMIRATES BUSINESS Souqalmal.com (Souq al Mal is Arabic for ‘money market’) is the leading comparison website in the Middle East and lets you compare financial products before you say ‘I do’. The company’s vision was to create a highly transparent marketplace, empowering MENA consumers to make the right choice by bringing them all the latest details to ...

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