Egypt’s Arab Contractors to sell 4% share to two banks
Egypt's state-owned construction firm Arab Contractors (AC) will sell four percent stake of its shareholding in El…
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stake
UAE investment fund ups 16.51% share in Egypt’s property developer Palm Hills
UP P Capital Investment, a fund owned by Dubai-listed Union Properties, has raised its stake in Egypt's second…
UAE-based UPP seizes 5.68% stake in Egypt’s Palm Hills
UAE-based Union Properties (UPP) announced Wednesday that its wholly-owned subsidiary, UPP Capital, has bought a…
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…
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…
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…
Trump sells his stake in Dakota Access Pipeline developer
Donald Trump has sold his entire stake in Energy Transfer Partners, the company overseeing construction of the…
Eni eyes cutting stake in Egypt’s Zohr giant gas field to 50%
Italian oil and gas company Eni is in talks with various parties to cut its stake in the giant Zohr gas field…
Eni-BP deal not to ‘harm’ drilling works at Zohr field: sources
The drilling works at Egypt's giant gas field Zohr would not be hurled by Italy's Eni deal with BP to sell 10…
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.…