Turkish Islamic lender Bank Asya said an exclusive deal with Qatar Islamic Bank (QIB) to acquire a stake in the Turkish lender was annulled, opening the way for alternative suitors.
Bank Asya attempted earlier this year to form a partne
UAE-based National Bank of Ras Al Khaimah said on Thursday it was looking to acquire a majority stake in a listed insurance company in the emirate, a rare example of a takeover attempt involving two public UAE fi
Bahrain-based Islamic investment bank Gulf Finance House (GFH) has announced that it is investing $30 million in Dubailand to acquire a plot of 1.2 million sqft.
In a clarification, the investment bank revealed
The Abraaj Group, a leading investor operating in global growth markets, has acquired a majority stake in Polyclinique Taoufik, a leading private hospital in Tunisia, through its funds.
Based in Tunis, Clinique
Bahrain-based Investcorp, an alternative investment manager, has signed an agreement to acquire Netherlands-based SPGPrints Group from funds managed by Bencis Capital Partners for an enterprise value of 240 million euros ($327million).
Hitachi Zosen Corporate (Hitz), a Japanese engineering heavy-weight, has acquired Dubai-based electrochemical company Cumberland in line with its regioanl expansion strategy.
The Tokyo-listed Hitz had a revenue of 333.4 billion ye
Gulf Cryo has acquired shares in Tyczka Air Austria, a part of the Tyczka Group, becoming a minority partner.
Gulf Cryo and the Tyczka Group will bring together technical, commercial, and financial resources in
Discovery Communications has completed the acquisition of a controlling interest in Eurosport International, a leading sports entertainment group.
The company increased its interest in Eurosport to 51 per cent
Schneider Electric, a global specialist in energy management, has acquired Barcelona-based AST Modular, which offers a comprehensive portfolio of prefabricated data centre modules, services, manufacturing expertise and project engineering supp
UAE-based Dutco Group of Companies, the owners of JA Resorts & Hotels, has acquired a high-end resort in the Maldives.
It is the first resort that the group has purchased and will operate outside Dubai, sai