Amazon clinches deal to buy Middle East online retailer Souq.com
DUBAI Amazon.com has agreed to buy Middle East online retailer Souq.com, thwarting a last minute bid by Dubai billionaire Mohamed Alabbar's Emaar Malls .
DOHA Qatar National Bank QNBK.QA has acquired an additional 49.96 percent stake of Tunisian Qatari Bank, bringing its ownership stake to 99.96 percent pending regulatory approval, the lender said on Wednesday.
QNB is acquiring the stake from the Tunisian government, adding to the 50 percent it bought in 2008, a company statement said.
The Gulf state's largest lender, which has snapped up several banking stakes as part of a regional expansion strategy, said in December it was looking at a majority stake in a top 10 Turkish bank as a means to add value.
(Reporting by Regan Doherty, Editing by David French)
LONDON Initial public offerings (IPOs) by companies based in Britain have raised $1.53 billion so far in 2017, a 28 percent decline on last year and the lowest year-to-date total since 2012 as Britain prepares to leave the EU, Thomson Reuters data shows.