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Muscat Gases to sell stake in unit to Air ProductsOman’s Muscat Gases Company (MGC) has signed a conditional agreement with Air Products Leasing BV, a wholly owned subsidiary of US-based Air Products & Chemicals, to sell a majority stake in its industrial gases business to Air Product More… |
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Muscat Gases to sell stake in unit to Air ProductsOman’s Muscat Gases Company (MGC) has signed a conditional agreement with Air Products Leasing BV, a wholly owned subsidiary of US-based Air Products & Chemicals, to sell a majority stake in its industrial gases business to Air Product More… |
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Travco Group sells stakes in Air Arabia EgyptEgypt-based Travco Group International has sold 50 per cent of its stakes in Air Arabia Egypt, a senior official has announced. Hamed El Chiaty, chairman of the group, said: “We leave the airline industry as we prefer to foc More… |
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Sahara dismisses $1.3bn UK-Gulf bid for prime hotelsIndian diversified group Sahara has diregarded a $1.3 billion UK-Saudi bid received for its three hotels in London and New York as 'baseless', stating that it values the assets lower than the market price, said a report. T More… |
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Brazil mulls sale of Sao Paulo, Rio airportsBrazil's government will consider selling airports in Sao Paulo and Rio to help to reduce a large fiscal deficit next year, interim President Michel Temer told the Folha de S.Paulo newspaper on Sunday. The paper said that the More… |
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IIB sells stake in Tunisian car distributorInternational Investment Bank (IIB) has exited from its investment in Artes, a listed Tunisian-based automobile distributor, selling it at an attractive price of 7.1 Tunisian dinars ($3.5) per share through block sales on the Tunisian Stock Ex More… |
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Inovest sells stake in Bahrain beachfront projectBahrain-based Inovest Group has sold its 60 per cent ownership stake in Tala Property Development at Amwaj Islands through a share purchase contract with Ossis, for a transaction value of approximately $7.7 million, said a top official. More… |
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NBK plans to sell part of $1.9bn loanNational Bank of Kuwait (NBK) plans to sell down part of the KD600 million ($1.99 billion) it is contributing to Kuwait National Petroleum Company's Clean Fuels Project loan to other banks, it said in a statement. More… |
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India's Sahara Group to sell London hotel to QatarIndian diversified group Sahara will soon close an agreement to sell the Grosvenor House hotel in London to Qatar, it told a court in India on Tuesday, said a report. The group is also negotiating a deal with a lender for refinancing th More… |
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Iraq to sell local bonds to public for first time since 2003Iraq plans to sell local bonds to the public for the first time since 2003, with a 5 trillion dinar ($4.24 billion) issue expected this year, the finance minister said on Thursday, as the country seeks to cover a widening budget deficit. More… |
