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Mannai, EFG Hermes take control of DamasQatar's Mannai Corp and Egyptian investment bank EFG Hermes have taken control of Dubai's Damas after their consortium's $445 million offer was accepted by more than 75 per cent of the jeweller's shareholders. The bidders h More… |
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Mansoft Qatar opens new EMC solution centreMansoft Qatar, a subsidiary of Mannai Corporation, opened its Mansoft-EMC Velocity Signature Solution Centre, at an event today. The centre replicates a framework of technology that demonstrates EMC Proven Solutions in approved environment More… |
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Mannai-led group agrees takeover of DamasQatari conglomerate Mannai Corp and Egyptian investment bank EFG Hermes have agreed a $0.45 per share recommended cash bid for Dubai jeweller Damas. In a joint statement, Mannai and EFG Hermes said irrevocable undertakings had been secured More… |
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Damas hires Nomura on potential offerUAE jeweller Damas International has appointed Japan's Nomura to advise it on a potential offer from Qatari conglomerate Mannai Corp, three sources familiar with the matter said on Wednesday. Mannai, whose operations span the oil and More… |
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Dubai Holding sells 14pc stake in AxiomDubai Holding, the conglomerate owned by the ruler of Dubai, sold a 14 percent stake in Axiom Telecom as part of Qatar Mannai Corp's purchase of stake in the Dubai-based mobile phone retailer, it said. Axiom sold a 35 percent stake to More… |
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Axiom sells 35pc stake to Qatar’s MannaiAxiom Telecom, a leading Dubai-based multi-brand distributor of mobile devices, has closed a private placement deal to sell a 35 per cent stake in the company to Mannai Corporation, a diversified business house in Qatar. “This is another m More… |
