Italy’s Monte dei Paschi seeks sale of French unit MP Banque
Italian state-owned bank Monte dei Paschi di Siena (BMPS.MI) is in discussions to sell its French subsidiary, MP…
Browsing Tag
sale
UK’s multinational retailer Debenhams up for sale in last-ditch tender to avoid…
Debenhams has put itself up for sale in a last-ditch bid to prevent a decline into liquidation.
Egypt’s Heliopolis Housing to launch 50 feddans for sale in El Shorouk City
Egypt's state-owned Heliopolis Co. for Housing and Development plans to offer 50 feddans for sale in El Shorouk…
Egypt’s Orascom sells two hotels, a land for $47.8 mln
Egypt's Orascom Development said on Thursday that the completion of selling its stake in two hotels and a land plot…
Egyptian Iron and Steel to not be liquidated: minister
Egypt's government denied in official statement the intention to liquidate the Egyptian Iron and Steel Company due…
Egypt to increase a maximum of €2 bln with planned bond
Egypt will raise up to €2 billion with its planned dual-tranche bond, which is expected to price later on Monday, a…
Master Builders Group launches Pukka project in Egypt’s new capital
Master Builders Group (MBG) celebrated Saturday launching its new flagship Pukka in Egypt’s New Administrative…
Egyptian external debt may exceed $87.5 bln on Eurobond sale
Egypt’s external debt could surpass $87.5 billion now, on the back of issuing Eurobonds, according to a…
27% increase in used car listings in 2017: OLX Egypt
The value of used cars listed for sale on OLX Egypt recorded over 200 billion pounds in 2017, according to the…
US dollar maintains stable rates against Egyptian Pound
U.S. dollar maintained stable rates against the Egyptian pound on Monday. The dollar settled at 17.65…
US dollar maintains prices against Egyptian pound
U.S. dollar exchange rate against the Egyptian pound maintained prices during Sunday’s dealings in the banking…
Dollar exchange rate sees slight hike in Egyptian banks
U.S. dollar prices against the Egyptian pound increased in several Egyptian banks on Sunday. According to the…
General Electric mulls options for aircraft leasing unit: report
General Electric is exploring options for its aircraft leasing operations, including the sale of all or part of…
Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale
Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1…
Saudi Aramco in stake sale talks with a Chinese investor: sources
Saudi Aramco is considering the sale of a stake to a Chinese investor as plans for its highly-anticipated…
CBE says Egypt has sold €659.9 mln in one-year treasury bills
Egypt has sold 659.9 million euros ($777.56 million) in one-year treasury bills on Monday, central bank of Egypt…
U.S. dollar maintains price in Egyptian banks
The US exchange rate against the Egyptian pound maintained its rates within bank dealings on Sunday. According to…
Amazon Prime Day 2017: What is it and when does it start?
If you like a bargain, then Amazon Prime Day, the online retail giant's third annual one-day flash sales event, is…
Yahoo’s revenue jumps by 22% in Q1
Yahoo reported a 22.1 percent-increase in quarterly revenue on Tuesday, ahead of the sale of its core internet…
Toshiba Tec shares rise over 6% on sale report
Shares in Toshiba Tec Corp (6588.T) rose more than six percent in early Monday trading after a report that Toshiba…
Egypt’s CIB close to finalise sale of CI Capital
Egypt's largest listed bank Commercial International Bank (CIB) said it is in talks with local and Gulf investors…
Wal-Mart sued over sale of fake ‘Egyptian cotton’ linen
Wal-Mart Stores Inc (WMT.N) was sued on Tuesday on behalf of consumers who said the world's largest retailer sold…
Sony revises down fiscal-year earnings forcast
Sony Corp revised down its earnings forecast for the current fiscal year Monday, citing a one-time cost related to…
China sets roadmap for rapid development of self-driving cars
China has issued a long-term roadmap with the aim of having highly or fully autonomous vehicles on sale in the…
Iraq parliament bans alcohol in a ‘surprise’ move
Parliament in Iraq has voted to ban the sale, import and production of alcohol, with backers of the move arguing…
Court adjourns Telecom Egypt share sale invalidity order to Dec 6
A Cairo administrative court has adjourned a lawsuit filed to nullify the sale of 20 percent of landline monopoly…
Egypt to receive $81M in missile warning systems from US
The U.S. State Department has approved a proposed $81 million sale of common missile warning systems to Egypt for…
Senate paves way for $1.15 billion arms sale to Saudi Arabia
The U.S. Senate cleared the way for a $1.15 billion sale of tanks and other military equipment to Saudi Arabia…
SolarCity advisor Lazard made mistake in deal with Tesla
Lazard Ltd, the investment bank that advised SolarCity Corp on its $2.6 billion sale to Tesla Motors Inc, made an…
Zuckerberg Sells $95 Million in Facebook Shares for charity
Facebook Inc. Chief Executive Officer Mark Zuckerberg has made his first big share sale to fund his family's…
Egypt’s HELI offers 32 buildings worth $22mn for sale
Egypt’s leading construction company, Heliopolis Company for Housing and Development (HELI) is aiming to offer 32…
Summer sale in Egypt kicks off tomorrow with 50% off: supply minister
Egyptian summer sale on all clothes and commodities is set to start on August 8, for a month in coordination with…
Nissan in talks with Panasonic, others to sell battery operations
Nissan Motor Co is in talks with Panasonic Corp and overseas companies including Chinese firms over the possible…
AirAsia to launch sale of stake in leasing arm, could value unit at $1 billion- Reuters
AirAsia Bhd (AIRA.KL), Asia's biggest budget airline, will kick off the sale of a majority stake in its plane…
New UK residential listings rebounds after downturn in June due to EU vote
New properties listed for sale in the UK increased by 3.4% in July with 62% of towns and cities seeing an increase…
Orange profits upfollowing EE sale
France's largest telecoms company Orange SA on Tuesday reported a sharp rise in first-half net profit mainly due to…
Baidu investor criticizes proposed sale of video unit to CEO
Baidu Inc's planned sale of online video unit iQiyi to its own chief executive is priced too low and will damage…
Amazon says Prime Day orders jump 60 percent over last year
Amazon.com Inc said customers placed 60 percent more orders worldwide in its second "Prime Day" sale despite early…
Saudi Arabia Said to tap JPMorgan, Citi, HSBC on Dollar bond
Saudi Arabia appointed JPMorgan Chase & Co., HSBC Holdings Plc and Citigroup Inc. to arrange its first…
McDonald’s gets bids for China, HK stores sale in up to $3 billion deal –…
McDonald's Corp (MCD.N) has received more than half a dozen bids for its China and Hong Kong stores, including…