Featured Egypt to offer 4.5 % of in state-owned Eastern Tobacco next week Amwal Al Ghad English Mar 2, 2019 0 Egypt’s Public Enterprise Sector Minister Hisham Tawfik announced the resumption of a programme to sell stakes in…
Industry & Trade Shell plans to sell Iraq’s Majnoon oilfield: officials Yomna Yasser Sep 13, 2017 0 Royal Dutch Shell is seeking to sell Iraq’s Majnoon oilfield and the oil ministry has started preparations to…
Industry & Trade McDonald’s sells most of China, HK businesses to CITIC, Carlyle for $2.1b Noha Gad Jan 9, 2017 0 McDonald's Corp (MCD.N) has agreed to sell a majority stake in its China and Hong Kong businesses to state-backed…
Tech news Blackberry says China’s TCL to make BlackBerry-branded devices Ghada Ismail Dec 18, 2016 0 BlackBerry Ltd said China's TCL Communication Technology Holdings Ltd would make and sell BlackBerry-branded mobile…
Industry & Trade Eni sells 30% stake in Egypt’s Zohr gas field to Rosneft Noha Gad Dec 12, 2016 0 Italian oil and gas group Eni (ENI.MI) agreed to sell a 30 percent stake in Egypt's offshore Shorouk concession to…
Industry & Trade Eni-BP deal not to ‘harm’ drilling works at Zohr field: sources Noha Gad Nov 26, 2016 0 The drilling works at Egypt's giant gas field Zohr would not be hurled by Italy's Eni deal with BP to sell 10…
Tech news Kuwaiti Zain expects to finalize Saudi tower sale in H1- 2017 Ghada Ismail Nov 13, 2016 0 Kuwaiti telecoms group Zain expects to sell its mobile transmitter towers in Saudi Arabia for more than $500…
Banks Egypt’s central bank will offer $120 million in regular auction Noha Gad Nov 1, 2016 0 Egypt will sell $120 million on Tuesday in its regular weekly dollar auction, central bank data showed. Speculation…
Tech news Women executives left Yahoo amid layoffs, deal talk Ghada Ismail Nov 1, 2016 0 Women executives left Yahoo Inc at an unusually high rate after the U.S. technology company announced plans to…
Banks CBE fixes US dollar at EGP 8.78, launches regular auction with $120m Noha Gad Oct 19, 2016 0 The Central Bank of Egypt (CBE) launched Tuesday its regular weekly auction to sell US dollars to banks, asserting…