Alpha Dhabi acquires stake in NTS Amega Global
Alpha Dhabi Holding has acquired a 51 percent stake in NTS Amega Global, a renowned cutting-edge manufacturing, repair, and rental solutions provider in the Oil & Gas sector. With this […]
Bahrain’s GFH acquires Saudi food services and logistics company for $133mln
Bahrain’s GFH Financial Group has confirmed it will acquire a Saudi Arabian food services and logistics business for SAR 500 million ($133 million). In a statement to Dubai Financial Market […]
ADQ-backed Silal acquires majority stake in SAFCO Group
ADQ-backed Silal has acquired a majority stake in SAFCO Group, a UAE food and beverage distributor, in a deal that will bolster the company’s market presence and expand its footprint […]
PureHealth acquires UK’s Circle Health Group for $1.2bn
PureHealth, the largest healthcare platform in the Middle East, has signed an agreement to acquire the UK’s largest independent operators of hospitals, Circle Health Group in a deal valued at […]
Multiply Group’s unit MG Wellness acquires stake in LVL Technology
Abu Dhabi-based Multiply Group’s wellness-focused subsidiary, MG Wellness Holding has acquired 49.38 percent equity interest of LVL Technology. LVL Technology Holding’s LVL Wellbeing is a corporate wellbeing platform that provides […]
Dubai Islamic Bank to acquire 25% stake in Turkey digital bank
Dubai Islamic Bank, the UAE’s largest Islamic lender, said on Wednesday its board of directors has approved a proposal to acquire 25% stake in a new digital banking group […]
Mubadala-backed M42 acquires Bridgepoint’s dialysis firm Diaverum
Abu Dhabi’s M42, a newly created healthcare joint venture by state fund Mubadala Investment Company and artificial intelligence firm G42, has acquired Bridgepoint Group’s European dialysis clinic chain Diaverum. M42 […]
UAE’s Masdar acquires 50% stake in US project from EDF Renewables
State-owned Masdar, the UAE’s biggest renewables company, has completed the acquisition of a 50% stake in a combined solar and battery storage project in California. In a statement issued by […]
Abu Dhabi’s defence firm EDGE acquires majority stake in Estonia’s Milrem Robotics
Abu Dhabi state-backed defence conglomerate EDGE has acquired a majority stake in Estonia-based Milrem Robotics, a developer of robotics and autonomous systems that are sold to NATO member countries. The […]
UAE’s ADCB sells NPL portfolio worth $1.1bln to investment funds
UAE’s Abu Dhabi Commercial Bank PJSC (ADCB) has sold a portfolio of non-performing loans (NPL) worth 4.2 billion dirhams ($1.1 billion) to investment funds advised by Davidson Kempner Capital Management […]
