Sectors
Etisalat to buy Vivendi stake in Maroc Tel
The exclusive discussion for Etisalat’s proposal to acquire Vivendi’s stake in Maroc Telecom had been extended up to October 31.
China's new trade zone opens in Shanghai
China opened its free trade zone in Shanghai and was hailed as the country's boldest reform, according to a Reuters report.
Oman's Bank Dhofar to merge with Bank Sohar despite CEO resignation
CEO resignation would not deter the merger of the two Omani banks. In an announcement, Bank Dhofar's CEO Anthony Mahoney had resigned from the bank.
Iconic Harrods to undergo renovation
The escalator at Harrods would undergo a major facelift and renovation. Qatar's newly acquired luxury London department store, Harrod's, had laid out plans to undertake a multi-million renovation as part of the investment from the Gulf state in the world renowned brand.