Abu Dhabi's state-owned fund International Petroleum Investment Co has repaid in full a $2 billion loan that its unit took out in 2011 to finance the purchase of a stake in Malaysian bank RHB Capital, banking sources aware of the matter said
Danone, a food products multinational company, has signed a deal to join with the Abraaj Group, a leading investor operating in growth markets, in the acquisition of Fan Milk International.
Fan Milk is a leading manufacturer and d
OSN, a leading pay-TV network in the Mena region, has expanded its entertainment bouquet with the acquisition of Pehla Media and Entertainment, the region’s largest provider of South Asian pay television content.
Dubai Aluminium (Dubal), the owner of the world's largest single-site primary aluminium smelter and Abu Dhabi state investment fund Mubadala have secured the full ownership of Guinea Alumina Corporation (GAC).
A leading producer of
International energy consultancy Xodus Group has acquired the business of Dubai-based Prime Energy as part of its plan to make the Middle East operational base one of the largest in the company.
Prime Energy provides management an
After several sluggish years, mergers and acquisitions activity within the Middle East is showing signs of revival, giving hope to global banks which scaled back their regional operations because of a dearth of deal flow, said experts.
Emirates NBD, Dubai's largest lender, has completed the acquisition of BNP Paribas' Egyptian assets after receiving regulatory approval in the North African country, the bank said in a statement on Tuesday.
In December, EN
A foreign acquisition drive by Qatari companies is winning the gas-rich country international attention and economic influence around the region. But it may have a less positive effect on the bond prices of some of the companies.
The mergers & acquisitions (M&A) deal values in the Mena region have doubled in the first quarter to hit $14.6 billion compared to $7.3 billion the previous year, with the UAE and Qatar accounting for 76 per cent of total disclosed domes
The mergers and acquisitions (M&A) deal activity in the Middle East region fell 10 per cent in the first quarter of 2013 to $5.1 billion from $5.7 billion last year, said a report.
The Middle Eastern fees reached $143.5 millio