Abu Dhabi-based International Holding Company (IHC) has announced that its key unit International Tech Group SP is acquiring an 80% stake in Marlan Holding, the company behind space tech firm Marlan Space, an investor and operator focused on space and space-related companies and technologies.
Qatar's Estithmar Holding has announced that it has completed the transfer of a 48.68% stake in Syria's Shahba Bank to its wholly owned subsidiary Masaref Holding. The stake was transferred from Banque Bemo Saudi Fransi and Ahli Trust Bank after regulatory approvals.
AP Moller Capital has announced that its Emerging Markets Infrastructure Fund II and APM Capital Morocco Fund have agreed to acquire a majority stake in Moroccan transportation and logistics company Globex Investissement, thus reflecting the firm's focus on transportation and logistics in North Africa.
First Avenue for Real Estate Development has announced that its consortium has signed a framework agreement with the Royal Commission for Makkah City and Holy Sites and Jadwa Investment Company for the development of Eastern Hindawiyah, its flagship project in Makkah city.
AD Ports Group has announced that it has acquired an additional 30% equity stake valued at AED1.1 billion ($300 million) in one of its most strategic assets, Global Feeder Shipping (GFS), the world’s fourth-largest container feeder shipping line by capacity, thus raising its holding to 81%.
Emirates NBD Bank and RBL Bank Limited today announced the successful completion of Emirates NBD’s acquisition of a majority stake in RBL Bank through a primary infusion of approximately $2.75 billion (~INR 260 billion).
Stake, a leading digital real estate investment platform in the region, has forged a strategic partnership with Ace & Company, a Swiss-headquartered global investment group focused on private markets, to develop secondary transfer facility for fractional real estate investments in UAE.
Eurazeo, through its Capital team has entered into a definitive agreement to acquire a majority stake in Netco Group, a leading European provider of critical maintenance services for conveyor systems in vital industries, from Ardian, a global private investment firm with a major global presence.
Saudi-based Al Kuzama Trading Company has announced that it had signed an agreement to acquire a 25% stake in Unique Food Catering Company - a major regional player operating in the restaurant and fast food segments - as part of its strategy to expand in the food and beverage sector.
UAE-based 2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, has acquired a majority stake in ISEM, a major European packaging group with interests in beauty, fashion, luxury and nutraceuticals, for AED704 million ($192 million).
