Al Ezz Dekheila Steel
Al Ezz Dekheila Steel Company approved the acquisition of up to 42,000,000 shares representing up to 56% of the issued capital of Al Ezz Flat Steel and up to 89,898,683 shares representing up to 100% of the issued capital of Al Ezz Rolling Mills.
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Petrochemical Industries Company
Kuwait’s Petrochemical Industries Company – a subsidiary of Kuwait Petroleum Corporation (KPC) – has acquired 49% of the operations of South Korea’s SKC to form a joint venture.
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Aramco
Saudi Aramco will buy a 20% stake in India’s Reliance Industries Ltd., at an enterprise value of $75 billion.
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Kuwait Finance House
The Kuwaiti Public Institution for Social Security approved the merger between Kuwait Finance House (KFH) and Ahli United Bank -Bahrain (AUB).
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Kanoo Travel
American Express Global Business Travel (GBT) has entered into an agreement to acquire a controlling stake in Kanoo Travel.
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