Tag: Regional Acquisition
Agthia set to gain majority stake in Egypt’s Atyab; Earns internal...
Abu Dhabi-based leading food and beverages company Agthia Group is all set to gain a majority stake in Egyptian frozen processed chicken and beef...
Saudi dairy multinational Almarai buys Bakemart’s UAE, Bahrain operations
Saudi Arabia’s multinational dairy company Almarai, is buying Dubai-based total bakery solutions company Bakemart's business in the UAE and Bahrain for $25.86 million in...
UAE’s Aldar Properties offers to buy stake in Egypt’s Sodic
Abu Dhabi-based property development company Aldar Properties could acquire a majority stake in Egypt’s Sixth of October for Development and Investment Company (Sodic).
Aldar said...
Western Union buys 15% stake in Saudi’s stc pay
World’s largest money transfer organization, Western Union has bought a 15 percent stake in stc pay, a digital secure wallet service owned by Saudi...
UAE’s NY Koen Group could buy Israir Airlines
Dubai-based international holding company NY Koen Group is reportedly preparing to place a purchase bid for Israel's third-largest airline, Israir in an upcoming auction.
Israel's...
Saudi PIF fund may invest in Lulu group; Initial talks started
According to the reports, the Saudi sovereign wealth fund, Public Investment Fund (PIF), is in active talks to acquire a stake in the Lulu...
Abu Dhabi Ports acquires Micco Logistics to provide end-to-end solutions
ADQ owned Abu Dhabi Ports has acquired regional integrated logistics service provider MICCO Logistics.
The move is expected to improve Abu Dhabi's position as an...
ADQ expands utility footprint with ENEC acquisition
UAE's Emirates Nuclear Energy Corporation (ENEC) which sets up and manages nuclear energy plants in the emirates will be now owned by the state-owned...
