The Securities House
The Securities House approved the merger contract with Al Aman Investment.
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Egyptian Media Production City
Egyptian Media Production City approved to purchase the entire stake on the National Bank of Egypt in Arabian Hospitality Co. at EGP 115 per share.
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Al Ramz Corporation Investment and Development
Al Ramz Corporation Investment and Development has purchased 7.33 million shares of Gulfa Mineral Water and Processing Industries Company for the benefits of one of its clients as the ultimate beneficial owner.
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Kuwait and Middle East Financial Investment
Kuwait and Middle East Financial Investment has considered the mandatory acquisition proposal by Al Thekair General Trading & Contracting to buy the remaining 25.67% of its shares.
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National Commercial Bank
National Commercial Bank and Riyad Bank have mutually agreed to end initial negotiations about a potential merger between the two banks.
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Jazan Energy and Development Company
Jazan Energy and Development Company announced that it has acquired 65% of the Mango Jazan Store for SAR 2.1 million.
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Aramco
Saudi Aramco has completed the acquisition of 17% of Hyundai Oilbank from Hyundai Heavy Industries Holdings, for about $1.2 billion.
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Dubai Islamic Bank
Dubai Islamic Bank consented the recommended acquisition of Noor Bank during the ordinary general meeting's assembly.
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