The terms of the transaction have not been disclosed.

Abu Dhabi, UAE--Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3 gigawatt (GW) Dogger Bank South (DBS) project – one of the world’s largest planned offshore wind farms. The planned $13.89 billion joint investment with RWE, a leading renewable energy company...

The firm plans to incorporate one-to-one tutoring services.

Noatum Terminals is the terminals ops business of Noatum Group.

ADNOC to buy OCI’s entire shareholding in Fertiglobe.

ABU DHABI, UAE - CEO and Co-Founder of Astra Tech Abdallah Abu-Sheikh said that the company will launch its first financial services empowered by artificial intelligence (AI) in 2024. In statements to the Emirates News Agency (WAM) on the sidelines of the Abu Dhabi Financial Week (ADFW), Abu-Sheikh said that...

Abu Dhabi, UAE--AD Ports Group in collaboration with KazMorTransFlot (KMTF) has announced the acquisition and commencement of operations of two state-of-the-art vessels designed for the transportation of Kazakhstan's oil across the Caspian Sea. The two oil tankers were named Liwa and Taraz - after ancient cities in the UAE and...

Riyadh, Saudi Arabia -- Ibrahim Sarhan, the Chairman and Managing Director of e-Finance for Digital & Financial Investments based in Egypt, has disclosed that Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has submitted an application to the Egyptian Financial Regulatory Authority (FRA) seeking to boost its ownership...

DUBAI, UAE – Tawazun Council announced the signing of 11 deals, worth US$1.8 billion (AED 6.9 billion), with local and international companies on the second day of the Dubai Airshow 2023. Tawazun Council is an independent government entity that works closely with the Ministry of Defense and security agencies to...

Abu Dhabi, UAE -- The UAE’s EDGE Group, one of the world’s leading advanced technology and defence groups, has announced the acquisition of a 50 percent stake in Flaris, a pioneering Polish aviation company specialising in the development of state-of-the-art personal jets. The two companies will also establish a joint...

The net profit increased by a substantial 29 percent during this period.

Splunk is a software platform that uses AI to identify malware.

The acquisition aims to broaden EIH's investment portfolio.

Acquisition aims to diversify and expand into several sectors.

Dubai, UAE -- Nesma & Partners, a contracting company funded by Saudi sovereign wealth fund, the Public Invesment Fund, has signed an agreement to acquire Kent, a global energy services provider. The acquisition is expected to close by the end of the calendar year, subject to regulatory approvals and satisfaction...

It also completes conditions for a joint venture.

Abu Dhabi, UAE - AD Ports Group on Sunday announced that it has acquired Noatum, a global integrated logistics services provider with a presence across 26 countries, for $0.72 billion. The acquisition has received approvals from all relevant regulatory bodies, including from Spanish Authorities, after it attained clearance from the...

The acquisition is expected to complete by early 2024.

The share buyback is expected to enhance shareholder value.

Diaverum is world’s third-largest provider of dialysis services.

Careem’s ride hailing business will remain fully owned by Uber and continue to be available with all other Careem services on the existing app for customers.

Abu Dhabi, UAE--ADNOC Distribution announced on Wednesday that it has completed its acquisition from TotalEnergies Marketing Afrique SAS of a 50% stake in TotalEnergies Marketing Egypt LLC. The closing of this landmark transaction, which was first announced in July 2022, marks the official entry of the UAE’s largest fuel and...

It will add 22 supermarkets to GMG's retail network in the UAE.

If the deal is sealed, it would be gold sector's largest acquisition.

As part of the transaction, first announced in January 2022, the company acquired equity stakes of 30% in a 210,000 barrels-per-day refinery in Gdansk

The food firm's revenue shot up to $260 million in Q3.

HDC provides special education and care services in S Arabia.

ALC is one of the largest meat producers in Australia.

Some of the fear in markets is unjustified, at least for now. Many of the economic factors that propelled deal-making last year, namely interest rates, haven’t actually changed yet either. VCs, corporates, and others are still flush with cash, and they need to put their money to work, he adds.

The majority stake in the two companies was valued at $140m.

Emaar Properties announced Thursday it would fully acquire Dubai Creek Harbour, the major development located along the historic Dubai Creek waterfront, from Dubai Holding for a price of AED 7.5 billion ($2 billion) to be paid equally in cash and shares of Emaar Properties, thus making Dubai Holding the second...

The agreement was broken off due to a market downturn.

Alpha Dhabi Holding has announced its financial results for the half-year ended June 30. The company reported net profit of US$2.2 billion (approx), up significantly from the corresponding period last year of US$ 453 million.

ADNOC Distribution will acquire 50 percent stake in TotalEnergies Egypt.

The deal builds on Agthia’s acquisition of BMB Group.

The acquisition is in partnership with GFH subsidiary Student Quarters.

The purchase will help the firm to expand in the MENA region.

Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal. Musk has been courting major Twitter investors in the hope of getting them to partner with him in taking the...

Revenues stood at AED8.17 billion, a year-on-year increase of 700 percent.

Britain's competition authority had stopped the FB-Giphy merger.

It is to ensure that he doesn’t get a controlling stake in Twitter.

ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investments, an Abu Dhabi-based private investment firm, announced they have established ADC Acquisition Corporation (ADC), the UAE’s first Special Purpose Acquisition Company (SPAC). ADC plans to raise AED367 million through an Initial Public Offering (IPO) of 36.7 million shares at...

SALIC of Saudi Arabia, a subsidiary of the PIF, has said it will acquire 35.43 percent of Olam Agri Holdings for $1.24 billion.

Divetech is a UAE-based topside-subsea solutions provider.

The share was bought by Iraqi national oil company.

Alpha Dhabi Holding (ADH) has announced the acquisition of an additional 17 percent shareholding of Aldar Properties. The acquisition will increase Alpha Dhabi Holding’s shares in Aldar Properties to 29.8 percent, making it one of the largest shareholders, said an ADH statement on Monday.

Central Bank will acquire the Societe Generale Bank Jordan.

This is the company's largest investment in Russia yet.

The IHC subsidiary starts trading under the ticker MULTIPLY.

Listing opportunity for investors to invest in disruptive technologies.