Browsing: Mergers and Acquisitions

Gulf Navigation Holding’s shareholders have approved the AED 3.2B ($871M) acquisition of Brooge Energy Limited (BEL), despite initial concerns from minority investors over the potential dilution of their stakes.

Aramex has announced a voluntary conditional cash offer from Q Logistics Holding, a fully owned subsidiary of Abu Dhabi’s ADQ Development Holding, to acquire up to 100% of the company’s issued share capital, as disclosed on the Dubai Financial Market (DFM).

India and the UAE’s diplomatic ties continue to strengthen, particularly in the areas of trade…

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is set to acquire a majority stake of 54 per cent in MBC Group from the Ministry of Finance, represented by Istedamah Holding, for a total of $2B (SAR 7.5B).

ENOC Group, a leading integrated global energy player, has announced a strategic partnership with Emirates…

WeRide, a global leading autonomous driving technology company, and Uber Technologies, Inc. (NYSE: UBER), the…

UAE’s Masdar, also known as Abu Dhabi Future Energy Company, announced on Tuesday its agreement to acquire green energy firm Saeta Yield from Canada’s Brookfield for AED 1.4B (EUR 1.2B).

In a significant move, Saudi Aramco has agreed to purchase an additional stake in PetroRabigh…

Wio Bank PJSC has introduced a groundbreaking loyalty program allowing customers to earn Etihad Airways’…

Dubai, UAE – In a significant move to enhance financial inclusion and literacy among the…