Egypt News PM promises to give Nubians a stake in 1.5m feddans project Noha Gad Nov 23, 2016 0 Nubians will have priority to certain lands allocated to the state’s 1.5m acres reclamation project operated by the…
Banks Goldman, South Korea fund to buy majority stake in cookware firm Happycall Noha Gad Aug 21, 2016 0 Goldman Sachs Group Inc (GS.N) and South Korean private equity firm EastBridge Partners said on Sunday they have…
Financial Institutions Dubai Financial Group sells stake in EFG-Hermes to Natixis Noha Gad Aug 14, 2016 0 Dubai Financial Group sold its 11.8 percent stake in Egyptian investment bank EFG-Hermes Holding to France's…
Industry & Trade BP seeks buyers for China petchem JV stake in up to $3 billion deal – Reuters Noha Gad Aug 9, 2016 0 British oil major BP is seeking buyers for its 50 percent stake in a Chinese petrochemicals joint venture, its…
Industry & Trade AirAsia to launch sale of stake in leasing arm, could value unit at $1 billion- Reuters Noha Gad Aug 4, 2016 0 AirAsia Bhd (AIRA.KL), Asia's biggest budget airline, will kick off the sale of a majority stake in its plane…
Industry & Trade Aramex founder Ghandour sells entire stake to Boson Ventures aya salah Jul 31, 2016 0 The founder of Dubai-based logistics company Aramex PJSC sold his stake in the parent company to privately held…
Industry & Trade ExxonMobil launches bidding war for InterOil in PNG gas push Noha Gad Jul 18, 2016 0 ExxonMobil Corp has made a bid worth at least $2.2 billion for InterOil Corp and its stake in a rich Papua New…
Tech news Alipay may take stake in Wirecard Ghada Ismail Jun 26, 2016 0 Wirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it…
Tech news Tata ordered to pay NTT DoCoMo $1.2 billion in arbitration award for JV stake Ghada Ismail Jun 25, 2016 0 India's Tata Sons Ltd has been ordered to pay NTT DoCoMo Inc $1.2 billion to buy DoCoMo's stake in its mobile phone…
Tech news Wal-Mart lets down China online strategy, starts again with stake in Alibaba rival Ghada Ismail Jun 21, 2016 0 Wal-Mart Stores Inc has sold its Chinese online grocery store in return for a stake in the country's no. 2…