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Hapag Lloyd-UASC merger hits snags over future share ownership - sources

*Concerns rivals could buy shares if Qatar sells. LONDON/ FRANKFURT, March 28- A merger of Hapag-Lloyd and United Arab Shipping Company has hit a snag, with the German shipping line and some banks seeking assurances that UASC's top shareholder Qatar remain committed to the deal for the long term, sources say. Two finance sources, who declined to be identified citing...

Source: Reuters

Amazon reaches deal to acquire Middle East e-commerce site Souq.com

E-commerce giant Amazon announced Tuesday plans to expand its presence in the Middle East.

Source: CNBC.com

Amazon faces ‘mother of all battles’ with Gulf ecommerce push

Acquisition of Souq.com is set to shake up sector but local competition will be fierce, Financial Times reports.

Source: Financial Times

Trump preparing orders to review trade deals, procurement -officials

The North American Free Trade Agreement with Mexico and Canada will top the list of trade deals to be reviewed, which affect 20 countries from the Americas to Asia, the officials told Reuters. Politico first reported the plan for the two orders, quoting a senior administration official as saying the trade orders would help shift the White House narrative "to a...

Source: Reuters

Amazon to buy Middle Eastern online retailer Souq.com, say sources

Amazon has agreed in principle to buy 100 percent of Dubai-based online retailer Souq.com from its shareholders, sources familiar with the deal.

Source: Reuters

UPDATE 2-Amazon to buy Middle Eastern online retailer Souq.com -sources

DUBAI, March 22- Amazon.com Inc has agreed in principle to buy 100 percent of Dubai- based online retailer Souq.com from its shareholders, sources familiar with the deal said on Wednesday. Kuwait, Saudi Arabia and the United Arab Emirates are among the top worldwide for mobile phone penetration. "Amazon acquires business that they see as tangential to the core...

Source: Reuters

TABLE-Selected sovereign funds from the large to the small

LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

Source: Reuters

TABLE-Selected sovereign funds from the large to the small

LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

Source: Reuters

TABLE-Selected sovereign funds from the large to the small

LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

Source: Reuters

TABLE-Selected sovereign funds from the large to the small

LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

Source: Reuters