government agency
France selling 4.7% stake in Renault
The French government will remain Renault's biggest single shareholder
Paris - Muslimchronicle
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 07:56 2018 Wednesday ,17 January
Renault posts record yearGMT 10:01 2018 Friday ,12 January
French carmaker PSA uses Macron reformsGMT 09:42 2017 Sunday ,15 October
Britain's Vauxhall to cut 400 jobsGMT 09:15 2017 Saturday ,16 September
Renault-Nissan to launchGMT 08:08 2017 Tuesday ,07 March
Luxury in focus as Geneva car show opens
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
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" opened 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 his
GMT 08:26 2018 Tuesday ,23 January
Five things to know about Davos
GMT 21:51 2018 Tuesday ,23 January
Venezuela's Maduro says ready to run for second term
GMT 09:05 2018 Tuesday ,23 January
Turkey gave US heads-up on Syria operation: Mattis
GMT 07:48 2018 Thursday ,04 January
L’Oréal Professionnel unveils Alexa
GMT 09:54 2017 Sunday ,29 October
Bayern boss hopeful Lewandowski can face Celtic
GMT 22:54 2017 Sunday ,24 December
Egypt's Sisi gets 12 mln signatures supportive of his re-election
GMT 09:52 2017 Saturday ,16 December
Dutch police open fire on man with knife
GMT 11:13 2017 Saturday ,16 December
Bitcoin hits new record high as warnings grow
GMT 17:30 2017 Sunday ,30 July
Egyptian in Red Sea knife attack supported ISIS, sources say
GMT 13:30 2016 Friday ,25 November
Festive Dining, Throughout December to give a fabulous array of traditional
GMT 10:43 2017 Sunday ,20 August
George Wasoof prepares song with Tunisian accent
GMT 07:31 2018 Sunday ,21 January
Female Sherpa from Nepal scales new heights
GMT 14:29 2018 Sunday ,21 January
Syria's Assad slams Turkey offensive as 'support for terrorism'GMT 20:33 2011 Monday ,09 May
European stocks drop
GMT 02:00 2017 Sunday ,08 January
Lootah donates Sheikh Mohammed’s book in Braille
GMT 17:42 2018 Wednesday ,03 January
PML-N fulfilled its obligation to overcome country’s energy deficit: PM
GMT 09:00 2018 Tuesday ,02 January
Rania Shawky to participate in coming Ramadan
GMT 12:35 2017 Friday ,28 July
Angelina Jolie reveals Bell’s palsy diagnosis
GMT 11:01 2017 Tuesday ,31 October
Tennis: I should CoCo! Stephens says no pressureGMT 15:49 2011 Thursday ,10 February
Michelle Obama tops women list
GMT 11:01 2017 Thursday ,06 April
African continent on the rise – but slowly
GMT 09:58 2017 Friday ,08 December
Illustrator Quentin Blake holds auction for 'overlooked' art
GMT 22:01 2017 Monday ,23 October
Shinwari skittles Sri Lanka for 103 in fifth ODI
GMT 09:18 2017 Wednesday ,22 November
the Big Apple bike boom
GMT 15:29 2017 Wednesday ,18 January
UK's Tate art galleries get first female chief
GMT 05:27 2017 Monday ,04 December
Emir of boycott-hit Qatar to attend Gulf summit
GMT 06:55 2017 Monday ,06 November
Young Engineers in the Making at SIBF 2017
GMT 10:51 2017 Sunday ,12 November
Hollywood takes break from scandal
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
