Shuaa Capital
Shuaa Capital announced the completion of the merger with the Abu Dhabi Financial Group (ADFG).
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Almarai
Almarai Company has finalized the acquisition of 37.6% of the share capital of Pure Breed Company from various shareholders.
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ADNOC
Abu Dhabi National Oil Co (ADNOC) to acquire 10% stake in VTTI, with 45% held by IFM Global Infrastructure Fund and 45% by Vitol.
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Prime Holding
Prime Holding purchased a 10% stake in Al Tawfeek for Financial Lease (AT Lease).
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FawazAbdulaziz Al Hokair Company
Fawaz Abdulaziz Al Hokair Company has signed a purchase agreement to acquire 100% of the share capital of Innovative Union Company, owned by Food and Entertainment Company, for SAR 340m.
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Arafa for Investment and Consultancies
Arafa for Investment and Consultancies (AIVC) announced that its shareholders had approved the merger of three units into the parent company.
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Alexandria Container and Cargo Handling Company
Holding Company for Maritime and Land Transport’s board of directors approved the transfer of ownership of 13% of the total capital of the Egyptian Group for Multipurpose Terminals (EGMPT) to Alexandria Container and Cargo Handling Company.
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Mezzan Holding
Mezzan Holding announced the acquisition of 66.99% of Kuwait Saudi Pharmaceutical Industries Company (KSPIC) in consideration of KWD 20.96 million.
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Rasmala Egypt Asset Management
Italy’s Azimut Holding completed the acquisition of a 100% stake in Rasmala Egypt Asset Management.
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