Cosco Shipping acquires majority stake in Piraeus Port Authority
Cosco Shipping
Athens - XINHUA
Cosco Shipping on Wednesday acquired a majority stake in Piraeus Port Authority through the Athens Stock Exchange, it was reported Wednesday.
The Chinese company signed a memorandum of understanding which formally completes the transfer of a 51 percent equity holding in Piraeus Port Authority and the custody of an additional 16 percent stake.
Cosco (Hong Kong) Group Limited, wholly owned by Cosco Shipping, officially became the controlling shareholder of the port, and took over its management and operation.
President of Cosco Shipping Wan Min visited the Athens Stock Exchange and rang the bell at the opening session, marking the debut at Greece's largest port.
Gao Wenqi, Charge d'Affaires of the Chinese Embassy in Greece, Charalampos Gotsis, chairman of the Hellenic Capital Market Commission and other Greek and Chinese officials attended the ceremony.
Source : XINHUA
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 09:54 2018 Wednesday ,24 January
'Friendly and kind' N. Korean skaters
GMT 11:10 2018 Thursday ,30 August
Ariana Grande will perform at Aretha Franklin’s funeral
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 04:33 2017 Wednesday ,22 March
Penelope to play Versace
GMT 11:26 2017 Friday ,03 February
Member of criticizes Egypt’s government
GMT 13:22 2018 Thursday ,18 January
Simona Halep keeps Slam dream alive with win over Eugenie Bouchard at Australian Open
GMT 07:23 2017 Wednesday ,23 August
Hot, humid weather on Wednesday
GMT 19:56 2017 Monday ,18 September
Hail lashes parts of UAE, dust warnings issued
GMT 09:40 2017 Saturday ,30 December
UAE cancels Tunisia handball games amid row
GMT 11:40 2017 Tuesday ,17 October
Al Naqash confident of his team’s ability
GMT 14:41 2017 Saturday ,27 May
Spaniard Casado stormsGMT 07:57 2011 Monday ,19 September
Last 4 clubs set in African Champions LeagueGMT 04:11 2012 Thursday ,15 March
History to air auction show \'Sold!\'
GMT 05:20 2014 Monday ,06 October
Higher pay for Turkish university researchers expectedGMT 19:40 2011 Thursday ,29 September
Arab American comedians unwind at New York festival
GMT 18:23 2017 Wednesday ,15 March
Williams Stays Ahead in Unchanged WTA Top 10
GMT 18:58 2015 Monday ,01 June
1707 megawatts to be added to national power grid
GMT 23:26 2015 Sunday ,22 February
Egyptian concert to be held in Austria
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