Egypt to sell off state-owned bank
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Egypt is reportedly planning the privatisation of the Bank of Alexandria, one of the country's big four public-sector banks.
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Shanghai is selling off assets of more than 40 state-owned companies, including electronics firms, a hotel and a stake in a major brokerage, hoping to bring in more foreign financing and expertise, the city says.
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Egyptian authorities license a new party led by a former prominent member of the ruling National Democratic Party.
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A court ordered a freeze Wednesday on the assets of 29 known financiers of the Muslim brotherhood, Egypt's most powerful opposition movement.
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Barclays Bank is selling off its stake in Intelenet Global Services, a business process outsourcing (BPO) services provider that it owns jointly with India's Housing Development Finance Corp. (HDFC).
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Emptying the bank account will be good for shareholders.
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Ukraine will reverse the controversial sale of state-owned steel mill Kryvorizhstal so that the firm can go back on the market at a higher price.
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Egypt's best-known democracy movement has switched causes and is now focused on demanding an end to the country's peace treaty with Israel.
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CAIRO -- Egypt's best-known democracy movement has switched causes and is now focused on demanding an end to the country's peace treaty with Israel.
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State-owned Dubai Ports World said on Monday it had agreed to sell its U.S. port operations to an American International Group  unit after relinquishing control of them to allay concerns about U.S. national security.
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The Russian government plans to sell a majority stake in the main production unit of the embattled Yukos oil company at an auction scheduled for December 19, the Interfax news agency reported Friday.
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Switzerland says it will hand back to Nigeria $500m allegedly embezzled by the late military ruler Sani Abacha.
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Israel's biggest commercial bank said on Tuesday it was severing business ties with Palestinian banks in the Gaza Strip in response to the Israeli government's classification of the territory as an enemy entity.
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Dutch bank ING, which paid Â£1 for Baring, the British investment bank brought to the brink by Nick Leeson, is to sell its remaining Baring division.
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Stricken German state lender SachsenLB is expected to be sold this weekend to another German state bank, Horst Metz, the finance minister of Saxony, said on Saturday.
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The eastern German state of Saxony sold a troubled state-run bank as the global liquidity crisis claimed its first major European victim.
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The company, battered by the subprime crisis, said it would sell a $5 billion stake to a Chinese investment.