Tuesday 31 May 2016
 
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Auction

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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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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UDC in key Qatar townhouse auction success

Qatar-based United Development Company (UDC) hat announced the successful completion of the first limited auction offering of nine Qanat Quartier townhouses at its flagship island development The Pearl-Qatar in Doha. A Venice-like

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UDC to auction nine luxury townhouses in Qanat Quartier

United Development Company (UDC), a leading master developer, has announced plans to auction nine luxury townhouses at Qanat Quartier, the Venice-like mixed-use community in The Pearl-Qatar in Doha, Qatar. Auction bids are to be s

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