Saudi Basic Industries Corporation (SABIC)
SABIC signed an agreement to renew its partnership with the Japan Saudi Arabia Methanol Company (JSMC), Inc. in Saudi Methanol Company (Arrazi) for 20 years. Under the deal, SABIC’s stake will be raised from 50% to 75% and JSMC’s shareholding will amount to 25%.
Find more details on Decypha
Arab Dairy Products
Arab Dairy Products Co. (Panda) has approved a request to enable the UAE-based GC Equity Partners Fund III to carry out the acquisition of the Egyptian dairy firm.
Find more details on Decypha
Maroc Telecom
Maroc Telecom has announced that the acquisition of Tigo Tchad, Chad’s largest network operator, has been completed.
Find more details on Decypha
Solidarity Saudi Takaful Co
Solidarity Saudi Takaful Company and Aljazira Takaful Taawuni Company signed a non-binding memorandum of understanding (MoU) for a potential merger.
Find more details on Decypha
Emirates NBD
Emirates NBD has received the approval of Turkey's Banking Regulation and Supervision Agency (BDDK) for the acquisition of Denizbank from Russia’s Sberbank.
Find more details on Decypha
DP World
DP World has completed the takeover of Topaz Energy and Marine Limited in a deal worth $1.08 billion.
Find more details on Decypha
Emaar Properties
Emaar Properties confirmed the purchase by Dubai Aerospace Enterprise (DAE) Ltd of shares owned by Dubai’s leading real estate developer.
Find more details on Decypha
Amanat Holdings
Amanat Holdings said that its portfolio company, International Medical Center (IMC), has approved to acquire 100% of three medical facilities in Jeddah, Saudi Arabia.
Find more details on Decypha
Foodics
Foodics, a Saudi cloud-based point-of-sale system for F&B businesses has raised $4 million in fresh funds. The Pre-Series B investment comes from Riyadh Taqnia Fund (RTF), Kuwait-based Fatih Capital, and Riyadh-based Tech Invest Com and Naseel Holding.
Find more details on Decypha
