Thursday 30 June 2016
 
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Auction

Egypt may go for 4G licences auction

Egypt said on Thursday it will offer fourth-generation mobile licences in an international auction if they are not taken up by carriers already operating in the country. The sale of 4G licences is part of a long-awaited plan to re

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Petrobras kicks off auction process to sell Liquigás

Brazil's state-controlled oil company Petróleo Brasileiro has kicked off a competitive auction process to sell Liquigás Distribuidora, a subsidiary focused on the distribution and sale of liquefied natural gas. &

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RTA to auction off license plates for Reading Nation

Dubai’s Roads and Transport Authority has put up five license plate numbers for auction in support of the Reading Nation Ramadan campaign that aims to provide books to underprivileged children and libraries. The five license plate

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Yahoo shortlists 10 bidders; cash deal seen

Yahoo Inc has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon Communications Inc, with most offers involving cash rather than a combination with another company, according to people familiar with th

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Etisalat launches auction of VIP numbers

UAE-based telecom group Etisalat and Emirates Auctions have announced the launch of an auction of exclusive VIP numbers along with the new mobile code (054). The auction this year will introduce the new code 0544000000 along with

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Egypt t-bill yields drop at Thursday's auction

Yields on one-year and six-month treasury bills dropped at auctions as the Finance Ministry sold all amounts on offer, data from the central bank showed.   The average yield on Egypt's 182-day bill fell to 13

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Egypt central bank to hold $500m forex auction

Egypt's central bank said it would hold an exceptional auction on Sunday for $500 million to cover imports of strategic goods, pumping more foreign exchange into an economy that has been starved of dollars. Egypt, which relies

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MCL team owners spend $4.2m on auction day

The team owners of the inaugural edition of the 2016 Masters Champions League spent about $4.2 million in the second hald of the biggest cricket player auction seen in the Middle East region.   At the Grand Midwe

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Dawood's Mumbai assets sold off in auction

A government-appointed auctioneer has sold off a Mumbai restaurant once owned by India's most wanted man, fugitive mafia boss Dawood Ibrahim, in a rare sale of seized property that attracted wary bidders and tight security on Wednesday.

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DME picks UK group for auctions business

The Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has selected London-based Elysian Systems as the technology provider for its new commodity auction business.

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