The Egyptian Cabinet chaired by the Prime Minister Dr Mostafa Madbouly, has approved the offer submitted by the UAE-based AMEA Power, one Read More
Global mergers and acquisitions (M&A) activity in Q2 of 2024 maintained the positive momentum achieved at the start of 2024, with completed deals Read More
Business
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Green Energy
Regional
sovereign wealth funds
World
PIF Ink Pact To Localise Production of RE Components
Saudi Arabia’s sovereign wealth fund - Public Investment Fund (PIF) - has signed three new agreements to the manufacturing and assembly Read More
Business
Companies
Mergers and Acquisitions
World
Allianz to Buy Majority Stake in Singapore’s Income Insurance
German financial services major Allianz, through its wholly owned subsidiary Allianz Europe B.V., on Wednesday announced a pre-conditional voluntary cash general Read More
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Mergers and Acquisitions
Regional
World
Global Investors to Acquire 21.5% Stake in Israel’s Phoenix Holdings
Israeli and International investors including Affinity Partners, backed by the former US President Donald Trump’s son-in-law Jared Kushner, on Tuesday agreed Read More
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Companies
Investments
Regional
sovereign wealth funds
World
Two GCC SWFs and Others Invest Over $600 Million in
Two sovereign wealth funds – Mubadala from Abu Dhabi and Qatar Investment Authority from Qatar, and others will be investing over $600 million in Read More
Business
Companies
Regional
stock exchange
SHUAA Capital Incurs Net Loss of $22.32 Million in Q1-2024
SHUAA Capital, Dubai-based leading asset management and investment banking platform in the region, on Tuesday said that the company incurred a net Read More
Business
Companies
Energy
Merger and Acquisitions
Mergers and Acquisitions
Regional
Enersol Acquires Majority Stake in NTS AMEGA
ADNOC Drilling Company and Alpha Dhabi Holding on Tuesday announced that their joint venture (Enersol) has agreed to acquire a 51% equity stake Read More
Business
Companies
Investments
Oil & Gas
Regional
stock exchange
ADNOC Gas Awards EPC Contracts Worth $550 Million
The Abu Dhabi Securities Exchange (ADX)-listed ADNOC Gas on Monday said that it has awarded the engineering, procurement & construction (EPC) contracts Read More
