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" Stake"

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Business - Markets & Companies
6/20/2022 2:09:18 PM
Cairo-based valU, one of the investment firms of EFG-Hermes and a MENA buy-now, pay-later (BNPL) fintech platform, announced on Monday that Saudi Arabia-based Alhokair Family have acquired a 4.99 percent stake in valU for 247.4 million.

Business - Economy
6/15/2022 7:07:12 PM
UAE-based Aldar Properties PJSC eyes a majority stake in the Egyptian state-owned real-estate developer Madinet Nasr for Housing and Development.

Business - Economy
6/13/2022 2:51:13 PM
UAE-based investment company Chimera Investments submitted a non-binding offer to Egypt’s Financial Regulatory Authority (FRA) to acquire a controlling stake in Egypt-based Beltone Financial Holding, according to statements issued by the three parties on Monday.

World - International
6/12/2022 2:57:14 PM
The World Trade Organization chief voiced cautious optimism Sunday as global trade ministers gather to tackle food security threatened by Russia's invasion of Ukraine, overfishing and equitable access to Covid vaccines.

World - Region
6/9/2022 6:22:56 PM
Iraq's firebrand Shia cleric Moqtada Sadr made a high-stakes protest Thursday by calling on the 73 lawmakers loyal to him to ready resignation papers to end an eight-month parliamentary paralysis.

War in Ukraine - Economy
5/27/2022 5:35:50 PM
With EU leaders set to meet Monday to try to seal a sixth Russia sanctions package that includes an oil embargo, Hungarian Prime Minister Viktor Orban has mounted his latest show of defiance.

Sports - World
5/20/2022 11:19:55 AM
Four of Europe's top five leagues come to a conclusion this weekend, with plenty still to be decided and the Premier League and Serie A titles still up for grabs.

Business - Energy
5/18/2022 1:24:32 PM
BG International Limited — a subsidiary of Shell plc. — signed a Farm Out Agreement (FOA) with ExxonMobil Egypt to acquire a 100 percent stake in the ExxonMobil-operated north-eastern El-Amriya Offshore Area in the Mediterranean Sea, which is also known as Block 3, Shell announced on Wednesday.

War in Ukraine - Economy
5/16/2022 11:11:57 AM
French carmaker Renault says it is selling its Russian branch to Moscow City and its stake in Russian company Avtovaz to a local state-owned institute.

Business - Markets & Companies
5/15/2022 2:20:38 PM
Emirates Telecommunications Group Company PJSC bought a 9.8% stake in Vodafone Group Plc for $4.4 billion as the Middle Eastern technology provider seeks to expand globally, Bloomberg reported.

Sports - World
5/13/2022 10:54:47 AM
Liverpool will bid to keep their quadruple chase alive in Saturday's FA Cup final against a Chelsea side hoping to welcome incoming owner Todd Boehly with victory at Wembley.

Business - Markets & Companies
5/10/2022 8:40:59 PM
A consortium of investors that includes Amethis, the European Bank for Reconstruction and Development (EBRD), and SPE Capital has acquired a majority stake of the Egypt-based GlobalCorp, a non-banking financial services provider, the parties announced on Tuesday in a joint statement.

World - International
5/9/2022 10:06:00 AM
Millions of Filipinos thronged polling stations Monday to elect a new president, with the son of former dictator Ferdinand Marcos the favourite to win the high-stakes election.

Business - Tech
5/5/2022 4:38:37 PM
Billionaire Elon Musk has strengthened the equity stake of his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison.

Sports - World
5/4/2022 2:19:14 PM
Leicester boss Brendan Rodgers says the club are attempting to write "another chapter" in their story as they prepare to face Roma with a place in the Europa Conference League final at stake.

World - Region
4/18/2022 10:54:22 AM
The two remaining contenders in the French presidential race return to the fray Monday after a brief Easter pause in campaigning and ahead of a high-stakes televised debate.

Business - Markets & Companies
4/14/2022 11:30:35 AM
First Abu Dhabi Bank (FAB) has decided to withdraw its offer for purchasing Egypt-based banking investment group EFG Hermes Holding SAE, Abu Dhabi Securities Exchange (ADX) announced on Thursday.

Business - Markets & Companies
4/11/2022 11:55:55 PM
Tesla CEO Elon Musk's great Twitter turnabout, in which he disclosed his massive stake in the social media company, got a seat on its board, publicly floated drastic changes, and then turned down the board role, all happened in a week.

War in Ukraine - Economy
4/11/2022 10:06:04 AM
French banking group Societe Generale said Monday it was ceasing its activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of his country.

Sports - Egyptian Football
4/9/2022 12:00:52 AM
After a slow start to his Ahly adventure, Luis Miquissone has started to show flashes of his talent and he is expected to be given a chance to further stake his claim for a regular spot when the leaders face Masry in the Egyptian Premier League on Saturday.

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