Ataa Educational Company
Ataa Educational Company has signed a deal worth SAR 138 million to acquire the entire shares of the Arabian Education and Training Group Holding Company.
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Arabian Shield Cooperative Insurance
Saudi Arabia’s General Authority of Competition gave the green light for the merger between Arabian Shield Cooperative Insurance and AlAhli Takaful Company.
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Bank ABC
Bahrain’s Bank ABC completed the acquisition of a 99.5% stake in Blom Bank Egypt to expand its presence in the Middle East and North Africa region.
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Abu Dhabi Islamic Bank-Egypt
The board of directors of Abu Dhabi Islamic Bank-Egypt approved the mandatory tender offer submitted by Tycoon Holding for the purchase of 90% of the shares of Alexandria National Company for Financial Investment for EGP 6.25 apiece.
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GFH Financial Group
GFH Financial Group has submitted a letter of intent to Khaleeji Commercial Bank's board for a voluntary takeover of the bank's issued shares.
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Emirates Telecommunications Group
Emirates Telecommunications Group (Etisalat) has inked an agreement with Abu Dhabi Fund For Development to acquire its 8.7% stake in Etisalat Investment North Africa (EINA), raising Etisalat's ownership in Maroc Telecom Group from 48.4% to 53%.
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