Tanmeyah Microfinance Services acquires Fatura Netherlands

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 of Fatura Netherlands B.V. Fatura is…

NNR June 15, 2022

MENA

NEMA Holding has acquired Liwa College of Technology

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 a name change and will now…

NNR June 13, 2022

MENA

valU partnership to offer consumer finance in KSA

RIYADH, KSA: FAS Labs, owned by Fawaz Abdulaziz Alhokair Co., the leading franchise retailer in Saudi Arabia, and Arabian Centres Company (ACC), the leading owner, developer, and operator of lifestyle…

NNR June 6, 2022

MENA

DP World and CDPQ announce $5 billion investment in UAE

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 assets. CDPQ will invest US$2.5 billion…

NNR June 6, 2022

MENA

GFH Financial to acquire majority stakes in US-based SQ Asset Management

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 manager and property manager focused on…

NNR May 9, 2022

MENA

AD Ports Group signs agreements for port projects in Egypt

ABU DHABI, UAE: AD Ports Group and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for major port projects along the coast…

NNR May 5, 2022

MENA

Aldar Investment acquires 70% interest in Abu Dhabi Business Hub

ABU DHABI, UAE: Aldar Investment has completed the acquisition of a 70% equity interest in Abu Dhabi Business Hub, valuing the company at more than AED 500 million, with the…

NNR April 26, 2022

MENA

DEWA implements Smart Grid Strategy 2021-2035

DUBAI, UAE: Dubai Electricity and Water Authority (DEWA) is implementing its updated Smart Grid Strategy 2021-2035. Building on the success of completing 100% of the short-term goals of its Smart…

NNR April 19, 2022

MENA

Crypto platform Bybit launches leveraged token products

DUBAI, UAE: Bybit, one of the world's fastest growing cryptocurrency exchanges, announced the launch of leveraged token products on its spot exchange starting with two Bitcoin leveraged tokens, BTC3L and…

NNR April 19, 2022

MENA

Roebuck Asset Management sells Tesco Distribution Centre for over $135mn

MANAMA, BAHRAIN: GFH’s UK subsidiary, Roebuck Asset Management has concluded an off-market sale of a Tesco Distribution Centre in excess of $135 million. The 540,000 sq ft temperature controlled centre…

NNR April 13, 2022