Telecom Egypt receives offers for network towers up to $250M

Mon, 18 Dec 2023 - 03:42 GMT

Telecom Egypt intends to sell approximately 2,500 out of its 2,800 owned communications towers

Government: EgyptAir is not for sale

Thu, 26 Jan 2023 - 03:57 GMT

“EgyptAir stressed that it is a national company that will remain owned by the state and cannot be abandoned in any way as it is one of the main arms of the state in the aviation transport system,” the center said in a statement.

US approves new military equipment’s sale to Egypt

Wed, 17 Feb 2021 - 09:14 GMT

According to the release, the sale includes Rolling Airframe Missiles (RAM) Block 2 Tactical Missiles and other related equipment.

Orascom Development sells 2 hotels, land plot for LE 856M

Thu, 27 Dec 2018 - 04:08 GMT

Orascom Development Egypt announced the completion of selling its stake in two hotels and a land plot in the Makadi destination.

Nestle, Unilever, Coke make bids in $4B-plus GSK India sale

Wed, 19 Sep 2018 - 08:52 GMT

Nestle has told GSK privately of its interest in Horlicks on several occasions over the years, people familiar with the matter told Reuters earlier this year.

Boeing to buy aerospace parts maker KLX for about $3.2 billion

Tue, 01 May 2018 - 08:13 GMT

Plane maker Boeing Co said on Tuesday it will buy aerospace parts company KLX Inc for about $3.2 billion.

Flawless white diamonds, among largest ever offered, to go on sale

Fri, 06 Apr 2018 - 04:04 GMT

The diamonds, a 51.71 carat round brilliant-cut gemstone and a 50.39 carat oval, are the second-largest of their respective kinds ever to come to auction, Sotheby’s said.

GE exploring industrial gas engine business sale: Sources

Sat, 17 Feb 2018 - 10:08 GMT

General Electric Co is exploring a sale of its industrial gas engine business that could be worth as much as $2 billion.

'Rarest white diamond ever' to be auctioned in London

Fri, 09 Feb 2018 - 01:30 GMT

A flawless diamond, the size of a large strawberry, is expected to fetch a world record price when it goes on sale at Sotheby’s in London this month.

Egypt’s White Friday: More discounts, less buyers

Sat, 25 Nov 2017 - 06:16 GMT

This year’s White Friday seems to be attracting fewer shoppers.

Saudi Aramco in stake sale talks with Chinese investor: sources

Sat, 14 Oct 2017 - 11:24 GMT

Saudi Aramco is considering the sale of a stake to a Chinese investor as plans for its highly-anticipated IPO are pushed beyond its 2018 target.

Mawazine festival to kick off in June 2018

Tue, 10 Oct 2017 - 01:51 GMT

The 17th edition of Mawazine International Festival will kick off from June 22 to 30, 2018.