05 Jun 2013
(MENAFN) India’s Bharti Airtel Ltd stated that it signed a deal with Qatar Foundation Endowment by which the latter will buy a 5 percent stake of Airtel, reported Arabian Business.
The company also said that the deal will cost Endowment USD1.2 billion, and represents Qatar’s first major investment in a listed Indian company.
The Qatar Foundation Endowment is an investment vehicle of the Qatar Foundation controlled by the wife of the Qatari Emir, Sheikha Mozah.
It is worth noting that Bharti Airtel Limited is a multinational telecommunications services company which operates in 20 countries across South Asia, Africa and the Channel Islands. Airtel has GSM network in all countries in which it operates, providing 2G, 3G and 4G services depending upon the country of operation.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more