Egyptian Media Production City Co
The Egyptian Media Production City Co approved to take over the entire stake of Arab Contractors and its subsidiaries in Arabian Hospitality Co. at EGP 115 per share as estimated by the National Bank of Egypt.
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Investcorp
Investcorp announced that it has acquired Fortune International a leading super-regional speciality distributor of seafood and gourmet food products.
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Al Thekair General Trading & Contracting
Al Thekair General Trading & Contracting Co. has acquired the shares of Kuwait and Middle East Financial Investment.
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GFH Financial Group
GFH Financial Group acquired a 70%-stake in Marshal Equipment and Trading.
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Al Ahli Takaful Company
Al Ahli Takaful Company and Chubb Arabia Cooperative Insurance Company have started initial talks over a possible merger.
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Speed Medical Company
Speed Medical Company has signed a memorandum of understanding with Al Safwa Laboratories in Egypt’s Ismailia.
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NMC Health
GKSD Investment Holding confirmed it was in the preliminary stages of considering an offer for NMC Health.
Arabeya Online
Bank Audi is looking to offload the entirety of its 100% stake in online brokerage firm Arabeya Online and has already received offers of interest from a number of potential buyers.
