Chinese e-commerce giant Alibaba Group Holding has agreed to buy the Hong Kong's flagship English-language newspaper, the South China Morning Post, the company and SCMP Group announced on Friday.
Kuwait's Boubyan Petrochemical Co has said that its affiliate Equate had signed a $3.2-billion deal to buy ME Global from Dow Chemical of the United States and a subsidiary of state-run Kuwait Petroleum Corp.
The Dubai Supply Authority (DUSUP) is holding a private tender to buy between four to six liquefied natural gas (LNG) cargoes each in 2016 and 2017, and is nearing the final stages of the process with an award expected soon, trade sources said
South Africa's Mediclinic Intl has agreed to buy UAE’s Al Noor Hospitals Group for around £1.4 billion ($2.2 billion), gaining the upper hand on rival NMC Health in a tussle for expansion in the fast growing Gulf region.
Reinsurer Swiss Re has agreed to buy Guardian Financial Services, the Swiss group said, bolstering the British business of its unit which buys and manages closed life insurance policies.
It is the latest tie-up
Katara Hospitality, a global hotel operator based in Qatar, has acquired the Westin Excelsior Rome from Starwood Hotels & Resorts Worldwide for €222 million ($251 million).
As part of the deal, the historic hotel will be
Kuwait has signed a memorandum of understanding to buy Eurofighter jets in a deal worth up to €8 billion ($9 billion), Italian industry sources said.
The Eurofighter aircraft are produced by Italy's Fi
Bahrain’s national carrier Gulf Air is planning to buy up to 50 Airbus aircraft, the country’s Information Minister Isa Abdulrahman Al-Hammadi has revealed.
An AFP report quoting the minister said the massive new contr
Hikma Pharmaceutical said it would buy nearly the entire share capital of EIMC United Pharmaceuticals, a drugmaker specialising in oncology products, from a consortium of shareholders to boost its position in the Egyptian market.
Canada's BlackBerry said recently it will buy rival mobile software provider Good Technology Corp for $425 million, to boost its ability to help corporate clients manage smartphones running on different operating systems.