Sunday 19 November 2017
 
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Omantel buys strategic stake in Zain group

Oman Telecommunications said it has won the bid to acquire 12.1 per cent of the issued share capital in top Kuwaiti telecommunications company Zain, thus making it the second largest shareholder in Zain Group with a 21.9 per cent stake.

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Saudi Aramco unit buys key stake in Dutch terminal

State oil giant Saudi Aramco said one of its subsidaries, Aramco Overseas Company BV has entered into an agreement with top independent commodities trading house Gunvor Group to acquire a major stake in Maasvlakte Olie Terminal (MOT) at Rotter

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Saudi Aramco unit buys key stake in Dutch terminal

State oil giant Saudi Aramco said one of its subsidaries, Aramco Overseas Company BV has entered into an agreement with top independent commodities trading house Gunvor Group to acquire a major stake in Maasvlakte Olie Terminal (MOT) at Rotter

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Saudi Aramco, Petronas eyeing $1.7bn Daewoo E&C stake

Leading international giants in the energy and construction sector such as state-run Saudi Aramco; China State Construction Engineering Corporation (CSCEC) and Malaysian energy giant Petronas are among the potential bidders eyeing a major stake

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Saudi Aramco, Petronas eyeing $1.7bn Daewoo E&C stake

Leading international giants in the energy and construction sector such as state-run Saudi Aramco; China State Construction Engineering Corporation (CSCEC) and Malaysian energy giant Petronas are among the potential bidders eyeing a major stake

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Saudi Re buys 50pc stake in Bermuda investment group

Saudi Reinsurance Company (Saudi Re) said it has reached an agreement with Probitas Holdings (Bermuda) Limited, a key investor in insurance and reinsurance business, to purchase a 49.9 per cent stake in the company.  

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UAE's Propertyfinder buys key stake in Turkish portal

Dubai-based Propertyfinder Group, a leading real estate portal in the Middle East and North Africa (Mena) region, has bought around 17 per cent stake in Turkish property portal Zingat. One of the fastest growing property and infor

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Dow to increase stake in Sadara to 50pc

The Dow Chemical Company and the Saudi Aramco have announced a non-binding memorandum of understanding (MoU) that sets forth a process for Dow to acquire an additional 15 per cent ownership interest from Saudi Aramco in Sadara Chemical Company,

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Dow to increase stake in Sadara to 50pc

The Dow Chemical Company and the Saudi Aramco have announced a non-binding memorandum of understanding (MoU) that sets forth a process for Dow to acquire an additional 15 per cent ownership interest from Saudi Aramco in Sadara Chemical Company,

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Zain and Omantel complete treasury share sale

Omantel and Zain have closed the treasury shares transaction by which Omantel bought a key stake in the latter for $846.1 million. This announcement came after an auction process managed by the Boursa Kuwait in which Omantel won the bid

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