Emirates Telecommunications Corp., (ETISALAT) the most valuable listed company in the United Arab Emirates, signed a 3.15 billion-euro ($4.36 billion) deal with 17 banks to fund its acquisition of Vivendi SA (VIV)’s stake in Maroc Telecom. The funding includes a 12-month bridge loan of 2.1 billion euros priced at 45 […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Stanbic IBTC Holdings Plc has announced the appointment of South African, Zweli Manyathi as non-executive director of the bank. Stanbic IBTC said the appointment of Manyathi is coming on the heels of the resignation of Chris Newson from the board of the bank. The Company […]

Nokia (NOK1V.HE), which is set to close the sale of its phone business to Microsoft (MSFT.O), will on Tuesday name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business, a newspaper said on Friday. Citing unnamed sources, daily Helsingin Sanomat […]