Alpha Dhabi increases stake in Aldar, becoming the parent company June 28, 2022 ABU DHABI, UAE: Alpha Dhabi Holding PJSC, one of the fastest-growing investment holding companies in the UAE, listed on the Abu Dhabi Securities Exchange…
Shelf Drilling signs agreement to acquire 5 jack-up rigs from Noble Corporation June 23, 2022 DUBAI, UAE: Shell Drilling Ltd. announced that its wholly owned subsidiary Shelf Drilling (North Sea) Ltd. (“SDNS”) has entered into an asset purchase agreement…
TAQA and ADNOC to acquire majority stakes in Abu Dhabi Future Energy Company (Masdar) June 21, 2022 ABU DHABI, UAE: Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company (Mubadala) have entered into binding…
Deyaar launches “Tria”, its first luxury tower in Dubai Silicon Oasis June 17, 2022 DUBAI: Deyaar Development, one of Dubai’s leading property developers and real estate service providers, announced plans to build Tria, Deyaar’s first luxury residential tower…
Tanmeyah Microfinance Services acquires Fatura Netherlands June 15, 2022 CAIRO, EGYPT: Tanmeyah for Microfinance Services, a wholly-owned subsidiary of EFG Hermes Holding and Egypt’s leading provider of microfinance solutions, has concluded the acquisition…
NEMA Holding has acquired Liwa College of Technology June 13, 2022 DUBAI: NEMA Holding, a portfolio company of Amanat Holdings, has acquired 100% of Liwa College of Technology (LCT). Abu Dhabi University Holding Company recently announced…
valU partnership to offer consumer finance in KSA June 6, 2022 RIYADH, KSA: FAS Labs, owned by Fawaz Abdulaziz Alhokair Co., the leading franchise retailer in Saudi Arabia, and Arabian Centres Company (ACC), the leading…
DP World and CDPQ announce $5 billion investment in UAE June 6, 2022 DUBAI, UAE: DP World and CDPQ, a global investment group, announced today an investment of US$5 billion (CA$6.3 billion) in three of DP World’s flagship UAE…
PayTabs launches social commerce platform Paymes May 12, 2022 CAIRO, EGYPT: PayTabs, MENA’s award-winning payments powerhouse, announced today the launch of Paymes -the leading social commerce platform in Eurasia. Paymes will serve as…
GFH Financial to acquire majority stakes in US-based SQ Asset Management May 9, 2022 MANAMA, BAHRAIN:GFH Financial Group (GFH) has signed an agreement to acquire a majority stake in SQ Asset Management (SQ), a US-based living sector asset…