Nubians will have priority to certain lands allocated to the state’s 1.5m acres reclamation project operated by …
stake
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Banks
Goldman, South Korea fund to buy majority stake in cookware firm Happycall
by Noha Gadby Noha GadGoldman Sachs Group Inc (GS.N) and South Korean private equity firm EastBridge Partners said on Sunday they …
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Financial Institutions
Dubai Financial Group sells stake in EFG-Hermes to Natixis
by Noha Gadby Noha GadDubai Financial Group sold its 11.8 percent stake in Egyptian investment bank EFG-Hermes Holding to France’s Natixis …
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Industry & Trade
BP seeks buyers for China petchem JV stake in up to $3 billion deal – Reuters
by Noha Gadby Noha GadBritish oil major BP is seeking buyers for its 50 percent stake in a Chinese petrochemicals joint …
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Industry & Trade
AirAsia to launch sale of stake in leasing arm, could value unit at $1 billion- Reuters
by Noha Gadby Noha GadAirAsia Bhd (AIRA.KL), Asia’s biggest budget airline, will kick off the sale of a majority stake in …
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Industry & Trade
Aramex founder Ghandour sells entire stake to Boson Ventures
by aya salahby aya salahThe founder of Dubai-based logistics company Aramex PJSC sold his stake in the parent company to privately …
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Industry & Trade
ExxonMobil launches bidding war for InterOil in PNG gas push
by Noha Gadby Noha GadExxonMobil Corp has made a bid worth at least $2.2 billion for InterOil Corp and its stake …
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Wirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it …
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Tech news
Tata ordered to pay NTT DoCoMo $1.2 billion in arbitration award for JV stake
by Ghada Ismailby Ghada IsmailIndia’s Tata Sons Ltd has been ordered to pay NTT DoCoMo Inc $1.2 billion to buy DoCoMo’s …
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Tech news
Wal-Mart lets down China online strategy, starts again with stake in Alibaba rival
by Ghada Ismailby Ghada IsmailWal-Mart Stores Inc has sold its Chinese online grocery store in return for a stake in the …