Arab Banking Corporation
Arab Banking Corporation (Bank ABC) is in talks with Lebanon's Blom Bank to acquire its subsidiary in Egypt.
Find more details on Decypha
ADIA & PIF
Abu Dhabi Investment Authority (ADIA) and Saudi Arabia’s Public Investment Fund (PIF) are holding talks to acquire stakes in Reliance Retail, a subsidiary of Indian billionaire Mukesh Ambani’s Reliance Industries.
Find more details on Decypha
Ghabbour Auto
Ghabbour Auto (GB Auto) announced that NR Investments SARL, DR Investments SARL, and KA R Investments SARL have merged into RG Investments SARL.
Find more details on Decypha
Saudi Telecom Company
Saudi Telecom Company (stc) said that the tenure of the non-binding agreement previously signed with Vodafone Group to take over a 55% stake in Vodafone Egypt has ended without reaching an agreement to conclude the transaction due to misalignment with relevant parties.
Find more details on Decypha
Arabian Centres Company
Arabian Centres Company sold its entire remaining shares in Al Bawarij International Development and Real Estate Investment for SAR 40.398 million.
Find more details on Decypha
Speed Medical Company
The board of Speed Medical Company has approved acquiring the shares of Masr Labs for EGP 10 million.
Find more details on Decypha
Bahrain and Kuwait Bank
Bahrain and Kuwait Bank (BBK) has inked a Memorandum of Understanding with Ithmaar Holding, the parent of Ithmaar Bank, for a potential acquisition of Ithmaar Bank’s Bahrain operations.
Find more details on Decypha
The Saudi Pharmaceutical Industries and Medical Appliances Corp
The Saudi Pharmaceutical Industries and Medical Appliances Corp (SPIMACO) sold part of an equity portfolio at the fair value for SAR 482 million.
Find more details on Decypha
Multiply Marketing Consultancy
Multiply Marketing Consultancy, a wholly-owned subsidiary of International Holdings Company (IHC), has acquired a stake in Yieldmo, a US digital advertising and attention analytics company.
Find more details on Decypha
Saudi Agricultural and Livestock Investment Company
Saudi Agricultural and Livestock Investment Company (SALIC), owned by the Saudi Public Investment Fund (PIF), raised its stake in Brazil’s Minerva Foods to 33.83% from 25.5%, Saudi Press Agency (SPA).
Find more details on Decypha