Friday 29 August 2014
 
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Stake deal

Jet Airways wins key approval for Etihad deal

India's foreign investment regulator gave conditional approval on Monday to a $379 million deal by Abu Dhabi's Etihad Airways to buy a stake in Jet Airways paving the way for more acquisitions in the domestic aviation sector.

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Jadwa seals Saudi UMG stake deal

Jadwa Investment Company said its technology special opportunity fund has acquired a significant minority stake in United Matbouli Group (UMG), a leading player in Saudi domestic appliances and electronics market. Jadwa, a boutique merchan

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Abraaj buys Network International stake

Abraaj Capital, a leading private equity group in the region, has signed an agreement to acquire a 49 per cent stake in Network International, a leading independent payment solutions provider in the Middle East and Africa region, for Dh2 billion (

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