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joint venture

EFG-QInvest tie-up

EFG Hermes says QInvest deal is legally binding

A tie-up between Egyptian investment bank EFG Hermes and Qatar'sQInvest, approved by EFG shareholders on June 2, is legally binding and can only be reversed through legal action, EFG said on Tuesday.

June 12, 2012 5:46
 
EFG-QInvest tie-up

EFG plans 4 Egyptian pounds dividend after QInvest tie-up

It confirmed in a statement that shareholders had approved the venture, in which EFG would have a 40 percent stake and QInvest 60 percent.

June 4, 2012 10:54
 
Orascom TMT in talks with France Telecom over Mobinil

Orascom TMT in talks with France Telecom over Mobinil

Orascom Telecom Media and Technology said on Sunday it was in talks with France Telecom over a potential change in ownership structure at Egyptian joint venture Mobinil, hours after shares in both Orascom and Mobinil were suspended.

February 13, 2012 2:11
 
Reliance Communications cuts off Etisalat over payments

Reliance Communications cuts off Etisalat over payments

India's Reliance Communications said it has disconnected from its network a mobile phone joint venture between Abu Dhabi-based Etisalat and India's DB Group over non-payment of fees for using its towers.

January 24, 2012 1:36
 
Zain Saudi deal could be completed in eight weeks -Batelco CEO

Zain Saudi deal could be completed in eight weeks -Batelco CEO

Despite losses forecast in Q2 for Zain Saudi, Batelco’s deal to buy the telco firm in a $950m JV with Kingdom Holding is expected to wrap up in two months.

July 14, 2011 1:00
 

Saudi investors, Turkey pledge to invest in Bosnia

Saudi investors form joint venture for Bosnia; Initial capital of company, led by IDB, is $50 million;Turkish state Eximbank to extend credit lines for Bosnia

April 7, 2011 9:21
 

Rosneft and crescent tie up for UAE venture

Two companies join forces to seek natural gas in Sharjah.

June 5, 2010 10:49