Tuesday 28 July 2015
 
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No SpiceJet-Qatar Airways deal yet

Indian low-cost carrier SpiceJet said on Friday it was in "exploratory and preliminary stage" talks with potential investors who have shown an interest in putting money into the airline, responding to speculations of a stake deal with

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GFH to buy 80pc stake in top Dubai school

Dubai-based investment bank GFH Capital, a subsidiary of GFH Financial Group, has agreed to acquire a majority stake (80 per cent) in a leading private school valued at Dh200 million ($54.4 million) in the Emirate. The school (the

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GFH to buy 80pc stake in top Dubai school

Dubai-based investment bank GFH Capital, a subsidiary of GFH Financial Group, has agreed to acquire a majority stake (80 per cent) in a leading private school valued at Dh200 million ($54.4 million) in the Emirate. The school (the

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Pearson in talks to sell its 50pc stake in The Economist

Britain's Pearson said on Saturday it was in talks to sell its 50 percent stake in The Economist Group, publisher of The Economist newspaper. The move comes on the heels of Pearson's sale of the Financial Times newspaper t

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Orange builds 49pc stake in Moroccan Meditel

French telecom operator Orange said it had acquired an additional nine per cent stake in Moroccan operator Meditel, raising its total holding to 49 per cent. Meditel, created in 1999, commands a 31 per cent share of the Moroccan m

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Renault in talks to buy minority stake in Iranian partner

French carmaker Renault is in talks to buy a minority stake in its Iranian joint venture partner, the Wall Street Journal cited an executive at the Iranian firm as saying. Naser Aghamohammadi, managing director of Renault's st

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Britain cuts Lloyds stake as full privatisation looms

Britain has cut its stake in Lloyds Banking Group by a further percentage point to under 15 per cent, accelerating its drive to return the bailed-out lender to full private ownership. The latest sale means the government has so fa

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Abraaj buys majority stake in Nigeria mattress maker

Dubai-based Abraaj Group, a leading investor operating in global growth markets, today (July 7) has acquired a majority stake in Mouka, a leading mattress manufacturer in Nigeria. The acquisition is through one of Abraaj's fun

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Abraaj buys majority stake in Nigeria mattress maker

Dubai-based Abraaj Group, a leading investor operating in global growth markets, today (July 7) has acquired a majority stake in Mouka, a leading mattress manufacturer in Nigeria. The acquisition is through one of Abraaj's fun

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Qalaa in deal to sell key stake in Egypt glass company

Qalaa Holdings (formerly known as Citadel Capital), one of Egypt's largest investment companies, said it has entered into a preliminary agreement with key investors of Misr Glass Manufacturing Company (MGM) to divest its shares in the compan

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