Investors
Standard Chartered Eyes Buyout of Egyptian Bank
Standard is considering to buy a bank in Egypt as it sees economic stability in the country. Standard Chartered plans to buy an Egyptian bank to benefit from the booming lending sector of the Middle East, regional head Christos Papadopoulos said.
EBX shareholdings needed to diversify
With nearly 70% of EBX shareholdings with its founder, Eike Bautista, there is a need to diversify in order to retain competitiveness.
Sinopec Group and Sinopec to Create JV
Mother company and subsidiary would form a joint venture partnership to boost profitability. A joint venture would be set up between China Petroleum and Chemical Corp and its mother company.
Cyprus Deal Closes Bank and Force Losses
The Popular Bank of Cyprus would be shut down and funds be put into rehabilitation of Bank of Cyprus according to last ditch bailout plan agreed upon by the government and lending institutions.




