EGA to acquire Leichtmetall
EGA is to buy 100 percent of firm from Leichtmetall Holding.
PureHealth buys Circle Health
The deal signifies PureHealth’s operational capabilities.ADNOC to buy stake in Fertiglobe
ADNOC to buy OCI’s entire shareholding in Fertiglobe.Iran says European countries willing to buy our drones
TEHRAN, IRAN - A number of European countries have asked to purchase Iran’s unmanned aerial vehicles, the spokesperson for the Iranian Defense Ministry said.Speaking to Tasnim, Brigadier General Reza Talaee Nik said Iranian-made military drones have a lot of potential customers.Many countries, including a number of Western and European states,...AstraZeneca buys US firm CinCor
The acquisition has been finalized at $1.8billion.Allwyn buys Britain’s Camelot
Acquisition will likely close in Q1 2023, Czech firm said.Al Seer Marine buys large crude carriers
The firm's total VLCC fleet value is now $245 million.BP to buy Archaea for US$4.1bn
BP bought US firm to reach net zero emissions by 2050.Multiply Group buys 80% of IEH
Firm aims to expand its utilities, energy investments.Boehly consortium to buy Chelsea for record $5.2bn
Chelsea confirmed on Saturday that a consortium led by LA Dodgers co-owner Todd Boehly has won the battle to buy the Premier League club in a £4.25 billion ($5.2 billion) deal.SIIG of Saudi Arabia to buy all shares of Petrochem
SIIG, also known as Saudi Industrial Investment Group, has obtained the approval to buy all shares of Petrochem.Stc to buy stake in Giza
The firm will buy controlling stake for $158 million.Lebanon turns to public libraries for entertainment as crisis drains joy
Weekly storytelling events are one of the last affordable pleasures in Lebanon, where a crashing local currency has rendered books something of a luxury.UAE to buy 12 Chinese fighter jets to bolster defense
The United Arab Emirates said Wednesday it plans to buy a dozen Chinese L15 aircraft, as it seeks to bolster its defenses after a series of attacks by Yemeni rebels. The country intended to sign a contract with the Chinese company to purchase 12 of the L15 training and light...Sony to buy Bungie
Bungie is based not far from Microsoft headquarters in the US.Close to 1800 hybrid vehicles to join Dubai Taxi Corporation
Dubai’s Roads and Transport Authority (RTA) has signed a contract for the procurement of 2,219 new vehicles to enhance the fleet of the Dubai Taxi Corporation (DTC).Man Utd’s Glazer buys T20 franchise in new UAE league
Manchester United co-chairman Avram Glazer has acquired a franchise for a new T20 professional cricket league in the United Arab Emirates, organizers announced on Wednesday. Glazer completed the purchase in his role as chairman of private equity firm Lancer Capital.GreenDome of UAE buys out Elite Co. for an unknown sum
GreenDome Investments has bought out Elite Co. from Prama Holdings, in a deal representing one of the region’s largest acquisitions in the logistics market.ESG of UAE buys 70% stake in WFC Holding
Emirates Stallions Group (ESG) has bought a 70 percent stake in WFC Holding as part of its plan to diversify into new areas, the company said on Wednesday.Dallah buys 8.2% stake in IMC
Dallah Healthcare of Saudi Arabia has picked up an 8.2 percent stake in International Medical Company for $77 million in order to widen its business.IHC of Abu Dhabi acquires 51 percent of Bin Suhail Group to form beauty joint venture
International Holding Company (IHC), Abu Dhabi conglomerate, has agreed to acquire 51% of Bin Suhail Group through a subsidiary to form a beauty industry joint venture, it said on Monday.Jordan’s gaming app Jawaker sold for $205m to Stillfront Group
The popular Jordanian online card game studio, Jawaker, was bought by global gaming company Stillfront Group in a $205 million deal. Stillfront has previously marketed games published by Babil Games, an international mobile games publisher in the MENA region.Eltizam Group buys Inspire Integrated for $10m
Continuing with its expansion strategy, Eltizam Asset Management Group, a subsidiary of the Abu-Dhabi based International Holding Company, acquired Inspire Integrated for 37 million dirhams ($10 million).Commercial Bank of Qatar to buy 15% stake in National Bank of Oman
Qatari bank will pick up fifteen percent stake for $128 million Banks generally try to keep a majority stake in a rival lender because a minority stake is seen as punitive for capital under Basel III Qatar’s Commercial Bank disclosed on Thursday it has made an offer to buy an...Yalla Group to buy back shares worth $150-million
The company will use its existing cash balance to buy back shares over the next 12 months It also quashes allegations of manipulating operating or financial data on the Yalla app Social media platform Yalla’s parent company Yalla Group Limited announced on Friday, May 21, that it would buy...