Arabtec Holding
Arabtec Holding and Trojan Holding have reportedly hired Switzerland’s UBS bank and Emirati Shuaa Capital to advise a potential merger between both companies.
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National Company for Learning and Education
National Company for Learning and Education has signed a non-binding memorandum of understanding with Al Ghad National School to acquire 100% of its shares.
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Aramco
Aramco has signed an agreement with the Russian Direct Investment Fund and the Saudi Public Investment Fund to acquire 30.7% stake in Russian services company Novomet from Rosnano.
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Mubadala Investment Company
Mubadala Investment Company will sell its 42.09% stake in the Medgaz pipeline that carries natural gas from Algeria to Spain to Spain-based Naturgy Energy Group and Algeria’s Sonatrach.
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Mubadala Investment Company
Mubadala Investment Company, announced that it has sold a 37% stake in the Spanish oil and gas company Compañía Española de Petróleos (Cepsa) to funds affiliated to The Carlyle Group.
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Danah Al Safat Foodstuff
Danah Al Safat Foodstuff announced that it has signed a contract to sell the Egyptian Dairy and Foodstuff Co. (Edafco).
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