Moody’s pays $864 million to U.S., states over pre-crisis ratings
Moody's Corp (MCO.N) has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over…
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McDonald’s sells most of China, HK businesses to CITIC, Carlyle for $2.1b
McDonald's Corp (MCD.N) has agreed to sell a majority stake in its China and Hong Kong businesses to state-backed…
Sisi, Trump agree to delay UN vote on Israeli settlements
Egypt has agreed to postpone a UN Security Council resolution against Israeli settlements in order to give the US a…
Eni agrees to export part of Shorouk concession
The Italian gas company Eni has agreed with the Egyptian government to export part of the gas produced from Zohr…
Eni sells 30% stake in Egypt’s Zohr gas field to Rosneft
Italian oil and gas group Eni (ENI.MI) agreed to sell a 30 percent stake in Egypt's offshore Shorouk concession to…
Oil prices surge, trading volume records smashed as OPEC, Russia agree output cut
An agreement between oil producer club OPEC and Russia to produce less to drain a global glut sent prices soaring…
BP buys 10% stake in Egypt’s Zohr gas field for $375m
BP has agreed to acquire a 10% stake in Shorouk concession offshore Egypt from Eni, an Italian oil and gas company.…
CBE agrees $2 billion repurchase deal with global banks
Egypt's central bank has agreed terms for $2 billion in financing from international banks, it said in a statement…
NREA purchases 400MW of solar capacity for $662m
Egypt has agreed to buy about 400 megawatts of solar capacity, a sign that developers are slowly moving forward…
Pfizer to buy antibiotics business from AstraZeneca
Pharmaceutical company AstraZeneca (AZN.L) has agreed to sell its small molecule antibiotics business to Pfizer Inc…