Endesa, a Spanish power company, is reportedly in the final stages of negotiations to sell shares in …
stakes
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FeatureMoneyStocksWorld
Macquarie, Federated Hermes mull trimming UK’s Cadent stake
by Aya El Sayedby Aya El SayedThe Macquarie Group and U.S. based Federated Hermes are considering a collective sale of their stakes in …
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Egypt will sell stakes in five or six state-owned enterprises at the end of June 2020 to …
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Egypt’s Public Enterprise Sector Minister Hisham Tawfik announced the resumption of a programme to sell stakes in …
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Banks
Banque Du Caire among 23 Egyptian state-run firms set to float stakes
by Yomna Yasserby Yomna YasserEgypt announced on Sunday the names of 23 state-owned companies it will offer stakes in beginning this …
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Tech news
SoftBank acquires 15% stake in Uber, pumps in $1 bn in early 2018
by aya salahby aya salahJapanese conglomerate SoftBank will pick up 15 per cent stake in Uber and pump in $1 billion …
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Industry & Trade
EL-Garhy eyes investing in chemicals sector amid exiting Solb Misr Group
by Noha Gadby Noha GadEgyptian businessman Gamal El-Garhy -Head of Misr National Steel Company (Ataqa)- plans to invest in chemical industries …
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Yahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer …
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Kuwait is taking steps to sell minority stakes in units of the state oil producer as the …