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Boris Johnson storms to victory with big majorityBoris Johnson’s Brexit election gamble paid off spectacularly on Friday as the Conservative party secured a crushing victory, cutting a swath through Labour’s traditional heartlands. He will be retu More… |
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Mezzan acquires majority stake in Kuwait pharma firmMezzan Holding, one of the largest manufacturers and distributors of food, beverage, FMCG and healthcare products in the Gulf, has announced the successful acquisition of a 67 per cent stake in Kuwait Saudi Pharmaceutical Industries Company (KSP More… |
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Boeing to take majority stake in new Embraer JVBoeing will be taking a majority stake in a joint company currently being worked out with Brazilian aircraft maker Embraer, said a report. Boeing will have a 51 percent stake in the joint venture, a columnist for O Globo said Sund More… |
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Australian PM inches closer to winning majorityAustralian Prime Minister Malcolm Turnbull edged closer to winning a majority government on Saturday, securing a 74th seat in parliament as counting of votes in the country's marathon election entered a seventh day. Turnbull&# More… |
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DI acquires 20pc more stake in Properties InvestmentsDubai Investments, a leading, diversified investments conglomerate listed on the Dubai Financial Market, has acquired a 20 per cent additional stake in Properties Investments (PI), a joint venture of Dubai Investments and Union Properties, for More… |
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Gulf Hotels Group seeks majority stake in BFLCGulf Hotels Group (GHG), a Bahrain-based owner and operator of hotels, has made an offer to the board of Bahrain Family Leisure Company (BFLC) to increase its shareholding in the latter to 51 per cent. GHG currently owns 25.25 per cent of shar More… |
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Gulf Hotels Group seeks majority stake in BFLCGulf Hotels Group (GHG), a Bahrain-based owner and operator of hotels, has made an offer to the board of Bahrain Family Leisure Company (BFLC) to increase its shareholding in the latter to 51 per cent. GHG currently owns 25.25 per cent of shar More… |
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Majority of Arabs back govt use of social mediaA majority of Arab people support governments’ use of social media in taking citizen engagement and services delivery to the next level, according to industry experts. The observation was made at the latest ‘Innovation More… |
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DP World unit takes majority stake in Spain's RepasaP&O Maritime, a subsidiary of Dubai's DP World, one of the world's largest port operators, has bought a majority stake in Spain's Remolcadores de Puerto y Altura (Repasa), the acquirer said in a statement. The deal More… |
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Warburg Pincus to acquire majority stake in mercatorWarburg Pincus, a global private equity firm focused on growth investing, has signed a deal with dnata, an air service provider, to acquire a majority stake in mercator. Mercator is a Dubai-based provider of so More… |
