Egypt’s state-owned construction firm Arab Contractors (AC) will sell four percent stake of its shareholding in El …
Tag:
stake
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Real Estate
UAE investment fund ups 16.51% share in Egypt’s property developer Palm Hills
by Yomna Yasserby Yomna YasserUP P Capital Investment, a fund owned by Dubai-listed Union Properties, has raised its stake in Egypt’s …
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UAE-based Union Properties (UPP) announced Wednesday that its wholly-owned subsidiary, UPP Capital, has bought a 5.68 percent …
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Industry & Trade
Saudi Aramco in stake sale talks with a Chinese investor: sources
by Yomna Yasserby Yomna YasserSaudi Aramco is considering the sale of a stake to a Chinese investor as plans for its …
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Industry & Trade
McDonald’s sells most of China, HK businesses to CITIC, Carlyle for $2.1b
by Noha Gadby Noha GadMcDonald’s Corp (MCD.N) has agreed to sell a majority stake in its China and Hong Kong businesses …
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Italian oil and gas group Eni (ENI.MI) agreed to sell a 30 percent stake in Egypt’s offshore …
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International News
Trump sells his stake in Dakota Access Pipeline developer
by nada nasserby nada nasserDonald Trump has sold his entire stake in Energy Transfer Partners, the company overseeing construction of the …
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Industry & Trade
Eni eyes cutting stake in Egypt’s Zohr giant gas field to 50%
by Noha Gadby Noha GadItalian oil and gas company Eni is in talks with various parties to cut its stake in …
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Industry & Trade
Eni-BP deal not to ‘harm’ drilling works at Zohr field: sources
by Noha Gadby Noha GadThe drilling works at Egypt’s giant gas field Zohr would not be hurled by Italy’s Eni deal …
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BP has agreed to acquire a 10% stake in Shorouk concession offshore Egypt from Eni, an Italian …