Mubadala Investment Company
Mubadala Investment Company has merged three of its aerospace and industrial companies. Sanad Aerotech will be merged with Sanad Powertech and with Sanad Capital. The new entity will be known as Sanad.
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Al Andalus Property Company
Al Andalus Property Company announced the sale of its entire stake in Hamat Real Estate Company, representing 33.4% of Hamat’s share capital, to Asala Holding Company for a total price of around SAR 43.93 million.
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Arab Petroleum Investments Corporation
Arab Petroleum Investments Corporation (APICORP), announced the acquisition of 24% equity stake in Al Khorayef United Holding.
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Noor Financial Investment
Noor Financial Investment has announced its primary approval of a proposal for the merger with its subsidiary Noor Telecommunication Company.
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Nebras Power
Nebras Power QPSC has announced that it has completed the acquisition of 9.9 % equity stake in Amin Renewable Energy Company in Oman.
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Al Khair National for Stocks and Real Estate
Al Khair National for Stocks and Real Estate Company has accepted an offer from Al Khair Global for Buying and Selling Shares to buy a part of its stake in Gulf Cable and Electrical Industries.
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Al Mommar Information Systems
Al Mommar Information Systems announced signing a Memorandum of Understanding with Fingerprint Consulting Company and its partners.
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