The aid by Kuwait to Egypt would consist of USD2 billion in a central bank deposit, USD1 billion grant and USD1 billion in oil products.
Investors
Beijing Enterprises Water to acquire projects in China
According to a regulatory filing with the Hong Kong Stock Exchange, Beijing Enterprises Water Group Ltd. would acquire nine water and sewage treatment projects in China.
EU competition authority to investigate tax systems of member countries
Tax avoidance systems in EU member countries are to be investigated by EU. An investigation is to be conducted by the European Union on Ireland, Luxembourg and the Netherlands for allegations these countries gave multinationals favorable tax deals over and above the EU's anti-competition rules.
Xand confirms debt financing increase
The debt financing cap of Xand was increased because of favorable market conditions. The top provider of colocation, cloud, disaster recovery and managed services, Xand, announced the increase of debt financing to over USD200 million.
ERMS Corp announces second investment round
In its second investment funding round, ERMS Corp raised USD3.5 million. The second round of major investment funding from its shareholders was recently concluded by the ERMS Corporation.
Latest News
Hollywood couple Emily Blunt and John Krasinski bought a new mansion in Ojai, California as actress confirmed her pregnancy.
The sale of three Edition-branded properties are nearing completion according to Marriott CEO Arne Sorenson.
Today, Dell Inc.'s founder Michael Dell announced that the majority shareholders of the company had voted in favor of his planned privatization of the computer maker firm.
The standoff on the M&A deals in the mining sector has tested the patience and skills of bankers. The standoff between buyers and sellers in the mining sector has put the skills and patience of bankers to the test.
CTPartners signs a letter of intent to buy Taylor Executive Consultancy Latam. Global executive headhunter CTPartners announced that it would be acquiring Mexican executive search company Taylor Executive Consultancy Latam S.
Youtube network company Maker Studios recently concluded its Series C funding that it had started in December last year with an additional USD26 million in commitments.
Former partners of the venture capital firm Morgenthaler Ventures, had raised USD175 million in a seed funding round for their newest fund outside Morgenthaler called Canvas Venture Fund.
Bridgepoint sold Finnish healthcare services operator Terveystalo to EQT VI. Private equity firm Bridgepoint sold Terveystalo to EQT VI. Terveystalo is a Finland-based private healthcare provider.
Dell Inc shareholders started casting their votes to approve Michael Dell's buyout offer today.
