Abu Dhabi – Mubasher: ADNOC Drilling Company has entered into a definitive agreement to acquire 80% of MB Petroleum Services (MBPS), according to a press release.Subject to regulatory approvals, the transaction marks its second acquisition in the reg
Dubai - Mubasher: Amlak Finance sold its subsidiary in Egypt to Al Baraka Bank Egypt at a total value of EGP 400 million (AED 30.80 million), according to a disclosure.In line with its strategic objectives, the transaction marks the company’s full ex
Abu Dhabi - Mubasher: Emirates Driving Company, a subsidiary of Multiply Group, has acquired a 22.50% stake in Mwasalat Holding, with an option to increase its share to 50.60%, according to a press release.The move expands Emirates Driving’s reach in
Dubai - Mubasher: Emirates NBD entered into definitive agreements to acquire a controlling stake in India-based RBL Bank Limited through a primary infusion of approximately $3 billion.The proposed transaction aligns with the DFM-listed bank’s long-te
Riyadh - Mubasher: Intelligent Oud Company for Trading (iOud) signed a final acquisition agreement on 15 October with Thannah Trading Company to acquire 100% of its shares, valued at SAR 59.47 million.The deal will be executed through a capital incre
Abu Dhabi - Mubasher: The board of Multiply Group has approved the acquisition of 2PointZero and Ghitha Holding through a share swap deal, according to a press release.The proposed transaction aligns with Multiply Group’s strategy to scale its busine
Dubai - Mubasher: Al Mal Capital REIT (AMCREIT), a subsidiary of Dubai Investments, has acquired the NMC Royal Hospital real estate asset in Dubai Investments Park, marking its first healthcare investment.The move brings AMCREIT’s portfolio to six in
Dubai - Mubasher: National Central Cooling Company (Tabreed) has completed its largest-ever transactions, marking a major step in accelerating regional growth and strengthening its concession-backed business model.Tabreed, in partnership with CVC DIF
Abu Dhabi - Mubasher: Multiply Group plans to acquire a 60.80% stake in ISEM, a leading European packaging group, which is subject to regulatory approvals. Following the transaction, Peninsula Capital and minority investors will own the remaining
Abu Dhabi - Mubasher: PureHealth Holding has completed the acquisition of its 60% stake in Hellenic Healthcare Group (HHG), Greece and Cyprus’s leading private healthcare provider, for a total of EUR 800 million.The transaction implies a 100% equity
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) acquired an additional 22.50% shareholding in Rabigh Refining and Petrochemical Company (Petro Rabigh) from Sumitomo Chemical Corporation for $702 million, with a nominal value of SAR 7 per share.
Abu Dhabi - Mubasher: Eshraq Investments signed a conditional agreement with TIL Partners SPV to acquire the entire share capital of Shine SPV 1 Limited, according to a press release.Shine owns subsidiaries in offshore support vessels, shipbuilding,
Riyadh - Mubasher: Jahez International Company for Information System Technology (Jahez) has completed the first phase of its acquisition of Snoonu Corporation, acquiring 75% of its share capital, equivalent to 7.90 million shares.The purchase was fu
Riyadh - Mubasher: Sustainable Infrastructure Holding Company (SISCO Holding) has signed a sale and purchase agreement to acquire a 51% equity stake in Port Services & Storage Company (PSS) for up to SAR132 million.The all-cash deal includes an initi
Abu Dhabi – Mubasher: Fertiglobe has completed the acquisition of the distribution assets of Wengfu Australia Pty Limited, a leading fertilizer distribution business.This deal reinforces the ADX-listed company’s commitment to customer proximity in ke
Abu Dhabi - Mubasher: Aldar Properties increased its ownership in the Aldar Estates platform, the region’s largest integrated real estate services company, with over AED 3 billion worth of active contracts The group acquired Modon Holding’s 17.45% …