ADNIC acquires majority stake in Allianz Saudi Fransi for $133mn
Abu Dhabi National Insurance Company (ADNIC) has acquired a 51 percent majority stake in Allianz Saudi Fransi…
Browsing Tag
mergers and acquisitions
Saudi Egyptian Investment Company increase stake at e-finance
Saudi Egyptian Investment Company raised its stake in e-finance for Digital and Financial Investments to 25.01…
Egypt’s Dice receives acquisition offer
Egypt's Dice Sport and Casual Wear received a preliminary offer for a potential acquisition from a consortium on…
Egypt’s NSPO acquires 24% from three steel firms for $324mln
The National Service Projects Organisation (NSPO) acquired 24 percent stake of three firms affiliated to Beshay…
Egyptian economy to grow by 4% in 2022-23 FY- Minister
Egypt's economy is expected to grow by around four percent or less during the current fiscal year (FY) 2022-2023,…
Egypt’s Beltone acquires 100% stake in Cash for Micro-Finance
Egypt’s Beltone Financial Holding announced on Monday that it had signed a sales and purchase agreement (SPA) to…
UAE’s Global Investment Holding buys 30% shares of Egypt’s Eastern Company
UAE’s Global Investment Holding Company has on Sunday signed an agreement to acquire 30 percent of shares in…
Saudi TAWAL raises $1.42 bln to buy European Towers from United Group
Saudi Arabian ICT infrastructure firm TAWAl International Holding has raised $1.42 in Islamic financing to…
UAE’s PureHealth acquires UK’s Circle Health Group for $1.2 bn
UAE healthcare firm PureHealth has made its first foray into the United Kingdom following an agreement on Monday to…
Rolex acquires world’s largest watch dealer Bucherer
Swiss luxury-timepiece maker Rolex announced on Thursday that it has agreed to purchase Bucherer, one of the…