Sustainable Capital Africa Alpha Fund
Sustainable Capital Africa Alpha Fund raised its stake in Orascom Construction Plc, to 7.61%.The fund purchased 1.219 million shares worth $7.318 million at $6 per share.
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Public Investment Fund
Sanabil Investments, a subsidiary of Saudi Arabia’s Public Investment Fund, has acquired 49% stake in consulting firm Richard Attias& Associates (RAA).
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Kuwait Finance House
Kuwait Finance House (KFH) has received the approval of the Central Bank of Kuwait concerning the full acquisition of Ahli United Bank – Bahrain.
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Ataa Educational Co
Ataa Educational Co announced it has signed a non-binding memorandum of understanding with Abdullah bin AbdulrahmanAlhamdan& Sons Company to acquire Al Enayah Schools in Riyadh.
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Ebtikar for Financial Investment
MM Group for Industry and International Trade announced that Ebtikar for Financial Investment has acquired an additional stake of 4.83% in Masary, for EGP 21.4 million.
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Omani Society for Education Technology
Omani Society for Education Technology (OSET) has officially acquired Dubai-based online Arabic courses marketplace Nadrus.com for an undisclosed amount.
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