government agency
France selling 4.7% stake in Renault
The French government will remain Renault's biggest single shareholder.
Paris - Arab Today
The French government on Thursday launched the sale of a 4.73 percent stake in automaker Renault, a state agency handling public assets said.
The sale will cut France's stake in Renault back to the 15.01 percent level that it stood at two-and-a-half years ago, but still leaves it as the automaker's biggest single shareholder.
In April 2015, the French government acquired the same 4.73 stake that it is now selling to gain a blocking minority stake.
At the time, it said it would use its increased power in the company to push through measures designed to reward long-term investors, including with double voting rights.
This had now been achieved, said the Agence des Participations de l'Etat (APE), which handles state-owned shareholdings on behalf of the French government.
Source: AFP
GMT 02:36 2018 Wednesday ,17 January
Renault posts record yearGMT 04:55 2018 Friday ,12 January
French carmaker PSA uses Macron reformsGMT 04:06 2017 Wednesday ,13 December
Singapore launches electric carGMT 00:50 2017 Thursday ,09 November
To meet climate targets, rival ChinaGMT 10:53 2017 Sunday ,15 October
Britain's Vauxhall to cut 400 jobs
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 13:37 2017 Sunday ,23 April
UN Gaza staffer out after allegations of Hamas ties
GMT 18:35 2018 Friday ,14 December
Can Armenia break the ice with Turkey?
GMT 20:27 2018 Monday ,22 October
Halima Aden heads back to Dubai
GMT 17:02 2017 Friday ,17 November
Leaders congratulate Moroccan king
GMT 03:33 2017 Saturday ,19 August
November23rd-December21st
GMT 23:46 2017 Sunday ,26 February
‘I have done planes, trains and airports’
GMT 08:12 2017 Friday ,10 November
Carlson Rezidor Hotel Group Enters the Maldives
GMT 09:25 2017 Monday ,06 March
Ambitious plans to boost UAE space programme announced
GMT 09:47 2018 Monday ,10 December
Russian ex-policeman convicted over 56 murders
GMT 18:41 2018 Wednesday ,17 October
Anti-India clashes, gunbattle erupt in Kashmir’s main city
GMT 13:19 2018 Thursday ,27 September
Saudi Arabia’s growing health pains, and how to cure them
GMT 00:43 2017 Tuesday ,26 December
Dozens killed in fresh Yemen air strikes, clashes
GMT 19:06 2017 Friday ,28 July
Arab foreign ministers to meet on Thursday in Cairo
GMT 23:09 2017 Wednesday ,22 February
US sets plan for sweeping crackdown on nearly all illegal immigrants
GMT 20:06 2017 Saturday ,01 April
Australia imposes more security measures for passengers flying from Mideast
GMT 21:27 2016 Tuesday ,06 September
Frenchwoman who received first face transplant dies
GMT 15:29 2017 Friday ,03 March
Iraqi forces advance towards center of Mosul
GMT 16:22 2017 Wednesday ,04 October
Iraqi PM announces 3 days of mourning for Talabani's death
GMT 10:40 2017 Wednesday ,03 May
Clashes resumed between Assad’s troops & opposition
GMT 20:50 2017 Sunday ,15 October
General secretary of Suez governorate, 2 others in custody over bribery charges
GMT 22:36 2017 Wednesday ,25 January
National Bank of Oman board proposes 21% dividend
GMT 21:25 2017 Friday ,27 October
Iran spreads chaos to distract attention from its abhorrent human rights
GMT 02:19 2017 Wednesday ,01 March
Nude protest Indian lawmaker puts some clothes back on
GMT 03:25 2017 Thursday ,14 September
May22nd-June21st
GMT 16:59 2017 Friday ,17 November
Speaker congratulates Morocco on Independence Day
GMT 20:34 2017 Monday ,29 May
Encroachments on lakes of Manzala, Mariot, Borlos removed
GMT 13:51 2017 Wednesday ,26 July
Highly strung: woman held in Japan
GMT 18:48 2017 Friday ,28 April
Turkish Police Arrest Over 1,000 FETO Suspects
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor