Prosus set to sell Tencent shares to finance buyback program
Prosus will begin selling a massive 28.9% shares in the Chinese software giant, Tencent Holdings Limited, ...
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Australia’s Carsales.com to acquire 51% shares in U.S. firm Trader Interactive
Australian online auto classifieds firm, Carsales.com Ltd, said that it is set to acquire the remaining 51% ...
In new initiative, Saudi Arabia aims to raise digital transactions to 70 percent by 2025
The Financial Sector Development Program (FSDP) launched the FinTech Strategy Implementation Plan which aimed to position ...
BMW starts operations at new USD2.2 billion China plant to ramp up EV production
German luxury car maker BMW said on Thursday that the production has formally begun at a ...
Qatar Airways posts record USD1.54 billion net profit in FY21-22
During the fiscal year 2021-2022, Qatar Airways Group recorded a net profit of USD1.54 billion. The ...
Sitel Group shares up 16 percent after deal to buy Luxembourg’s Majorel
Majorel and Sitel announced that they and their major shareholders including Bertelsmann have entered a non-binding ...
Tecom Group circles IPO price range between AED2.46, AED2.67 per share
Tecom Group, a member of the Dubai Holding group circled the price range for its initial ...
Investcorp Technology Partners clinches deal for sale of German HR solutions provider; second sale in 18 months
Investcorp Technology Partners (ITP), a unit of Bahrain-based Investcorp and a leading technology investor in Europe, ...
India: Adani, French Total team up to invest USD 5 Billion in Green Hydrogen
French giant Total Energies and Indian billionaire industrialist Gautam Adani’s conglomerate plan to invest USD 5 ...
Middle Eastern airlines witness a massive 265 percent demand rise in April 2022
Airlines in the Middle East say a massive 265 percent increase in demand in the month ...
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