EKH Sells 63.39% Stake in Delta Insurance to Al Wafa for EGP 3.2 Bn

• Monday, 3rd November 2025
• by Doaa Ashraf

Egypt Kuwait Holding Company (EKH), a leading investment company, announced the completion of the sale of its entire 63.39% stake in Delta Insurance Company to Moroccan Al Wafa Insurance Company. The acquisition was m...

Eni Sells 49.9 % of its CCUS subsidiary to GIP

• Tuesday, 19th August 2025
• by Fatma Ahmed

Eni signed an agreement with  Global Infrastructure Partners (GIP), a leading global infrastructure investor and a part of BlackRock, for selling a share of  49.99% in Eni CCUS Holding, a leading global player in the ...

NIPCO Acquires ExxonMobil’s 60% Stake in Mobil Oil Nigeria

• Thursday, 6th April 2017
• by

NIPCO Investments Limited, a subsidiary of NIPCO Plc, took over the 60% majority equity stake of ExxonMobil Oil Corporation in Mobil Oil Nigeria Plc late March. The negotiation is considered to be one of the biggest d...

Solo to Buy 10% of Helium One’s Assets in Tanzania

• Thursday, 23rd March 2017
• by

Solo Oil, a natural resources investment company, has negotiated the acquisition of a 10% interest in Helium One Limited for a total consideration of . 19m, Finfeed informed. According to Shares Magazine, Solo has als...

ExxonMobil to Buy 25% of Eni’s LNG Offshore Mozambique

• Monday, 13th March 2017
• by

ExxonMobil Corp. announced it will buy 25% of a liquefied natural gas (LNG) project off Mozambique from Italy’s Eni for about $2.8b as the US oil giant expands its worldwide LNG footprint, Bloomberg reported. Eni, whi...