acquisition

Nassef Sawiris to approve US$4.7 bn takeover of Signature Aviation
Business

Nassef Sawiris to approve US$4.7 bn takeover of Signature Aviation

Business tycoon and Egypt’s wealthiest person Nassef Sawiris is reportedly backing a US$4.7 billion takeover offer for his share in…
Uber considers buying Careem: sources
Egypt

Uber considers buying Careem: sources

  Uber, the company behind the world’s most-used ride-sharing app, is considering acquiring its biggest competitor in the Middle-East, Careem,…
Amazon completes acquisition of e-commerce firm Souq.com
Business

Amazon completes acquisition of e-commerce firm Souq.com

The Dubai-based online retailer Souq.com announced on Monday that its sale to e-commerce giant Amazon has been completed. The $650…
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