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ArabicPureHealth 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 […]
Vertiv inaugurates new factory in Ras Al Khaimah
Vertiv, a global provider of critical digital infrastructure and continuity solutions, has espanded its factory in Ras Al Khaimah, to support its integrated modular solutions (IMS), low voltage switchgear and […]
First Abu Dhabi explored offer for Standard Chartered
First Abu Dhabi Bank, the UAE’s largest lender, said it had considered making an offer for the emerging markets-focused Standard Chartered listed in London. “First Abu Dhabi Bank confirms that […]
UAE’s Alpha Dhabi Holding acquires stake in Mykonos-based Nammos Group
UAE-based investment firm Alpha Dhabi Holding has acquired a stake in Greek lifestyle and F&B brand Nammos, as it looks to cash in on the growing food and beverage and […]
