Raslaffan to acquire 40% shares in Nebras Power for $530mn
DOHA, QATAR: Raslaffan Operating Company has signed a share sale and purchase agreement with Qatar Holding LLC (QH), to purchase 40% of the share capital...
Alpha Dhabi Holding raises stake in Aldar Properties to 30%
ABU DHABI, UAE: UAE based conglomerate, Alpha Dhabi Holding has acquired an additional 17% shareholding of Aldar Properties PJSC, one of the UAE’s leading real...
Multiply to invest $75mn in Getty Images ahead of NYSE IPO
ABU DHABI, UAE: Abu Dhabi based Multiply Group has signed a binding commitment to invest AED 275 million (US$75 million) in global visual content creator...
Doha Bank signs $762.5 million term loan facility
DOHA, QATAR: Doha Bank has successfully completed the signing of a 3-year syndicated term loan facility on 20 December 2021. The loan proceeds will be...
EFG Hermes & MNHD sign EGP 750mn housing and development deal
CAIRO, EGYPT: EFG Hermes has signed a sale and leaseback agreement amounting to EGP 750 million with real estate development firm Madinet Nasr for Housing...
TAQA & ADNOC announce $3.6bn to power, decarbonize offshore operations
ABU DHABI, UAE: Abu Dhabi National Energy Company PJSC (TAQA) and Abu Dhabi National Oil Company (ADNOC) announced a $3.6 billion strategic project to significantly...
International Finance Corporation acquires 25% stake in Tabreed India
ABU DHABI, UAE: National Central Cooling Company (Tabreed) has finalised a significant strategic partnership with the International Finance Corporation (IFC), under which ownership of Tabreed...
Alpha Dhabi Holding invests AED1 billion in Ta’ziz
ABU DHABI, UAE: Alpha Dhabi Holding, the Abu Dhabi-based conglomerate, will be investing about AED 1 billion in the Abu Dhabi Chemicals Derivatives Company, known...
Alpha Dhabi Holding announce AED 8.0bn expansion plans
ABU DHABI, UAE: Alpha Dhabi Holding (ADH), has agreed on the conglomerate’s expansion plans and future strategy, targeting AED 8 billion for investments in real...
Delegation from Abu Dhabi Securities Exchange visits Bahrain Bourse
MANAMA: Bahrain Bourse (BHB) hosted a high-level delegation from Abu Dhabi Securities Exchange (ADX) for two days to agree on practical steps to be taken...
Dubai Investments offers to buy NGI at AED3.12/share
DUBAI, UAE: Dubai Investments has made an offer to acquire all or part of shares in National General Insurance (NGI) at the rate of AED3.12/share....
IHC approves Al Tamouh Investments and Al Qudra Holdings merger
ABU DHABI, UAE: International Holding Company (IHC) has formally agreed to the merger of its subsidiary Al Tamouh Investments with Al Qudra Holding, a news...