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Baker McKenzie advises on stake buy in Arab BankBaker McKenzie, a global law firm, advised a consortium led by Arab Bank chairman Sabih al Masri in acquiring a 20 per cent stake in Arab Bank Group from Oger Middle East Holdings. A consortium of investors bought a 20 per cent st More… |
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Saudi Arabia to assist thousands of stranded workersSaudi Arabia has agreed to assist thousands of laid-off Indian workers stranded in the kingdom without money or food, an Indian minister said on Wednesday. A sharp drop in oil prices has forced cuts to state spending in Saudi Arab More… |
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Saudi Arabia to assist thousands of stranded workersSaudi Arabia has agreed to assist thousands of laid-off Indian workers stranded in the kingdom without money or food, an Indian minister said on Wednesday. A sharp drop in oil prices has forced cuts to state spending in Saudi Arab More… |
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Oger mulls South Africa telecom unit stake saleOger Telecom, 35-per cent owned by Saudi Telecom, is looking at the possibility of selling its majority stake in Cell C, South Africa's third-largest mobile telecoms network operator, said its chairman. Goldman Sachs has been More… |
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Honeywell signs Saudi Oger as Boeing ME operatorHoneywell Aerospace has signed construction and facilities management giant Saudi Oger as its first Boeing Business Jet avionics maintenance plan customer in the Middle East. The Honeywell Avionics Protection Plan, known as HAPP, More… |
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Saudi Telecom finalises $2.6bn Oger dealSaudi Telecom Company, the largest Arab telecom firm by market value, said on Saturday it had finalised a 9.6 billion riyal deal ($2.56 billion) to buy 35 per cent of Oger Telecom. 'Saudi telecom has today signed a final agreement with Og More… |
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Saudi Telecom returns to profit growthSaudi Telecom Co, the largest Arab telecom firm by market value, returned to profit growth after five consecutive quarters of decline by adding customers. It, however, still missed analysts' fourth-quarter forecasts. Saudi Telecom More… |
