Tuesday 27 September 2022

Itqan Investments buys Byrne Group in $272m deal

Dubai-based Itqan Investments together with Tamar VPower Energy Fund  and CITIC Pacific has acquired Byrne Equipment Rental in a deal valued at approximately Dh1 billion ($272 million). Byrne Equipment Rental, one of the top


Citic-Carlyle eye $3bn McDonald’s China deal

A team led by Chinese conglomerate Citic Group and US-based private equity house Carlyle has emerged as the final global group to buy McDonald’s China franchise in a deal that could fetch nearly $3 billion. TPG Capital and B


Mobily urges customers to update fingerprint data

Saudi-based telecom services operator Mobily has called upon all prepaid customers to update their fingerprint records at its various branches in the kingdom. The move is in line with the directives of Communications and Informati


Bahrain EDB hosts Chinese investors

Bahrain’s Economic Development Board (EDB) is hosting leading Chinese corporation, Citic Group, this week to introduce the kingdom's business environment and investment opportunities. The visit includes a series of busin

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