Tech/AI ExxonMobil agrees to buy Pioneer in $59.5bln deal Sama Mousa Oct 11, 2023 0 ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…
Tech/AI GFH Partners acquires $150mln logistics portfolio in Saudi Arabia, UAE Nada Ali Oct 8, 2023 0 GFH Partners announced on Saturday that it has completed the acquisition of a $150 million diversified and…
News ADNIC acquires majority stake in Allianz Saudi Fransi for $133mn Nada Ali Oct 4, 2023 0 Abu Dhabi National Insurance Company (ADNIC) has acquired a 51 percent majority stake in Allianz Saudi Fransi…
Stocks Saudi Egyptian Investment Company increase stake at e-finance Sama Mousa Sep 20, 2023 0 Saudi Egyptian Investment Company raised its stake in e-finance for Digital and Financial Investments to 25.01…
Tech/AI Egypt’s Dice receives acquisition offer Sama Mousa Sep 20, 2023 0 Egypt's Dice Sport and Casual Wear received a preliminary offer for a potential acquisition from a consortium on…
Tech/AI Egypt’s NSPO acquires 24% from three steel firms for $324mln Nada Ali Sep 12, 2023 0 The National Service Projects Organisation (NSPO) acquired 24 percent stake of three firms affiliated to Beshay…
News Egyptian economy to grow by 4% in 2022-23 FY- Minister Sama Mousa Sep 10, 2023 0 Egypt's economy is expected to grow by around four percent or less during the current fiscal year (FY) 2022-2023,…
Money Egypt’s Beltone acquires 100% stake in Cash for Micro-Finance Yomna Yasser Sep 4, 2023 0 Egypt’s Beltone Financial Holding announced on Monday that it had signed a sales and purchase agreement (SPA) to…
Feature UAE’s Global Investment Holding buys 30% shares of Egypt’s Eastern Company Yomna Yasser Sep 3, 2023 0 UAE’s Global Investment Holding Company has on Sunday signed an agreement to acquire 30 percent of shares in…
Tech/AI Saudi TAWAL raises $1.42 bln to buy European Towers from United Group Nada Ali Aug 29, 2023 0 Saudi Arabian ICT infrastructure firm TAWAl International Holding has raised $1.42 in Islamic financing to…