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Power and Utilities M&As in MENA grow six times q-o-q
M&A activity in the MENA utility sector hit USD 845 mn in 2Q2017, up 6x q-o-q, according to the EY…
SPEED ROUND
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SPEED ROUND
Middle East Glass signs non-binding agreement to sell stake in Medco Plast
M&A WATCH- Middle East Glass Manufacturing has signed a non-binding agreement to divest its 74% stake in Medco Plast for…
El Sisi arrives in Paris, is expected to negotiate purchase of 12 new Rafale jets
El Sisi arrives in Paris, is expected to negotiate purchase of 12 new Rafale jets: President Abdel Fattah El Sisi…
Abe wins big in parliamentary election
Japanese Prime Minister Shinzo Abe “secured a crucial victory” in parliamentary elections on Sunday that could allow his party to…
WHO rescinds its appointment of Zimbabwe’s Mugabe as goodwill ambassador
WHO removes Mugabe as goodwill ambassador: World Health Organization Director-General Tedros Adhanom Ghebreyesus rescinded his appointment of 93-year-old Zimbabwean President…
Saudi rebuffs Tillerson’s attempt to broker peace with Qatar in Riyadh meeting
Saudi leaders refused US Secretary of State Rex Tillerson’s requests on Sundayto end the four-month-long Qatar boycott, Bloomberg reports. Tillerson…
Saudi to open up bourse foreign ownership limits
Saudi Arabia is pushing foreign ownership limits in its bourse past the 10% mark, Reuters reports. The country’s Capital Market…
Emaar Properties to offer 20% stake
INVESTMENT WATCH- Per Bloomberg this morning: Dubai-listed Emaar Properties “will sell 20 percent of its real-estate development business, according to…
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