The mergers and acquisitions (M&A) deal activity in the Middle East region started the year on a rather subdued note, according to the latest reports from Zephyr, the comprehensive database of deal information.
The first quart
Wind turbine firm Zephyr is close to a deal with an Egyptian mobile firm to bolster network coverage for tourists, whose roaming rates offer a lucrative market, and trim remote area operating costs, executives said.
The privately owned Jap
Bahrain-based buyout firm Arcapita Bank is selling its one-third stake in the Zephyr wind-farm portfolio for 145 million pounds ($287.5 million).
Zephyr owns 17 wind farms with a combined capacity that represents about 20 percent of the UK