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…
Tech news HP Enterprise in talks to sell software unit to Thoma Bravo Ghada Ismail Sep 4, 2016 0 Hewlett Packard Enterprise is in talks with buyout firm Thoma Bravo to sell its software division, hoping it can…
Industry & Trade Pfizer to buy antibiotics business from AstraZeneca Noha Gad Aug 25, 2016 0 Pharmaceutical company AstraZeneca (AZN.L) has agreed to sell its small molecule antibiotics business to Pfizer Inc…
Tech news Samsung plans to launch refurbished smartphone program Ghada Ismail Aug 22, 2016 0 Samsung Electronics Co Ltd plans to launch a program to sell refurbished used versions of its premium smartphones…
Banks United Bank in Egypt to be sold late 2016, early 2017: chairperson aya salah Aug 21, 2016 0 The actual procedures of offering the United Bank for sale may start in late 2016 or early 2017, according to…
Tech news Buy a full ‘Pokemon Go’ account for $999,999 Ghada Ismail Aug 11, 2016 0 The runaway popularity of "Pokemon Go" has opened up a lucrative market. People who sell gaming accounts online are…
Tech news Apple given green card to sell energy from solar farm Ghada Ismail Aug 6, 2016 0 Electronics giant Apple has been granted permission to sell energy generated at its $850m (£645m) solar farm in…
Tech news Verizon sale leaves Yahoo investors betting on a stub Ghada Ismail Jul 26, 2016 0 Yahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its…
Industry & Trade Kuwait set to sell minority stakes in oil-company units aya salah Jul 13, 2016 0 Kuwait is taking steps to sell minority stakes in units of the state oil producer as the Middle Eastern government…
Egypt News Kuwait set to sell minority stakes in oil-company units aya salah Jul 13, 2016 0 Kuwait is taking steps to sell minority stakes in units of the state oil producer as the Middle Eastern government…
Industry & Trade Thomson Reuters to sell IP & science business for $3.55 billion Noha Gad Jul 11, 2016 0 Thomson Reuters Corp (TRI.TO) said it agreed to sell its intellectual property & science business to private…
Tech news Japan’s SoftBank plans to sell $7.9 billion in Alibaba stock Ghada Ismail Jun 1, 2016 0 SoftBank Group Corp said it will sell at least $7.9 billion of shares in Alibaba Group Holding Ltd - a move that…
Tech news Cairo plans 4G licence sale as monopoly targets mobile Ghada Ismail May 9, 2016 0 Egypt plans to sell fourth-generation mobile licences within two months in a spectrum allotment that would allow…
Industry & Trade Aramco value to top $2 trillion, less than 5% to be sold, says prince Noha Gad Apr 26, 2016 0 Saudi Arabia expects state oil company Saudi Aramco to be valued at more than $2 trillion and plans to sell less…
Industry & Trade Toyota to release plug-in, hybrid cars in China in 2018 Ghada Ismail Apr 24, 2016 0 Toyota Motor Corp plans to sell heavily electrified, so-called plug-in hybrid cars in China starting in 2018, its…
Banks Citigroup, U.S. Bancorp exit money-losing Brazil card venture Noha Gad Apr 23, 2016 0 Citigroup Inc and U.S. Bancorp have agreed to sell Brazilian card payment processing joint venture Elavon do Brasil…
Industry & Trade Mitsubishi Motors shares set to slump to record low on mileage cheating scandal Noha Gad Apr 21, 2016 0 Mitsubishi Motors Corp's (7211.T) shares were untraded on Thursday as they were swamped with sell orders, and were…
Tech news Yahoo changes employee-severance language prior to possible sale Ghada Ismail Apr 16, 2016 0 Yahoo Inc., which has been in talks to sell its core Web business and Asian assets, has modified the definition of…
Industry & Trade GE to sell $1.4 billion U.S. hotel franchise loan portfolio Noha Gad Mar 30, 2016 0 General Electric Co (GE.N) said it had agreed to sell GE Capital's U.S. hotel franchise loan portfolio to a unit of…
Tech news Dell to sell IT services unit to Japan’s NTT Data: sources Ghada Ismail Mar 28, 2016 0 Dell Inc is set to announce an agreement on Monday to sell its non-core information technology consulting division…
Industry & Trade Toshiba to sell part of its chip operations Noha Gad Jan 24, 2016 0 Japan's Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting…
Industry & Trade Toshiba to sell sensor business to Sony, overhaul chip unit Noha Gad Oct 28, 2015 0 Japan's Toshiba Corp said on Wednesday it will sell its image sensor business to Sony Corp and overhaul its…
Industry & Trade Toshiba to sell sensor business to Sony for around $165 million Noha Gad Oct 25, 2015 0 Toshiba Corp is set to sell its image sensor business to Sony Corp for around 20 billion yen ($164.68 million) as…
Industry & Trade GE to sell Healthcare Finance Business to Capital One Noha Gad Aug 12, 2015 0 General Electric Co (GE.N) said it would sell its U.S. healthcare finance unit to credit card lender Capital One…
Tech news Facebook struggles to sell Advertising in India Noha Gad Aug 12, 2015 0 Facebook is trying to lure skeptical advertisers in India with features such as free email support for questions…
International News Pearson in Talks to sell its 50 pct Stake in The Economist Noha Gad Jul 26, 2015 0 Britain's Pearson is in talks to sell its 50 percent stake in The Economist to the other shareholders of the weekly…
Tech news Raya sells Share in e-billing Fawry with $22mln Noha Gad Jul 21, 2015 0 Raya Holding for Technology & Telecommunications to sell its equity in e-bill payment firm Fawry with 174.24…
Industry & Trade Rio Tinto to sell Aluminum Assets in $1 billion Deal: paper Noha Gad May 18, 2015 0 Global miner Rio Tinto (RIO.L) (RIO.AX) plans to sell some of its aluminum assets in a potential $1 billion deal,…
Industry & Trade Canada’s Bombardier eyes 20-30% rail unit IPO in Frankfurt – Reuters Noha Gad May 9, 2015 0 Bombardier Inc (BBDb.TO) is aiming to sell a 20- to 30-percent stake in its rail unit via an initial public…
Tech news Mobinil seals Mobile Towers Sell Agreement Today Administrator Apr 29, 2015 0 The Egyptian Company for Mobile Services - Mobinil said Wednesday it sold its entire stake in the Egyptian Company…
Tech news Nokia explores Sale of Map Business-Source Noha Gad Apr 11, 2015 0 Nokia is considering selling its maps business known as HERE, a source familiar with the matter said on Friday,…