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03 April 05:09 AM

Mergers and Acquisitions

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26 March 06:35 PM Al Baraka Bank Egypt files MTO to acquire majority stake in A.T. LEASE
Cairo - Mubasher: The Financial Regulatory Authority (FRA) is currently reviewing a mandatory tender offer (MTO) request by Al Baraka Bank Egypt to acquire a majority stake in Al Tawfeek Leasing Company (A.T. LEASE). The proposal seeks to acquire …
Company News
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24 March 02:13 PM GASCO to acquire 50% stake in JACKO Gases for SAR 125m
Riyadh - Mubasher: National Gas and Industrialization Company (GASCO) inked an equity interest purchase agreement to acquire a 50% equity in JACKO Gases for a total value of SAR 125 million. The acquisition follows a 100% capital increase of JACKO …
Management Decisions
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23 March 05:44 PM Borouge announces major shareholder following acquisition of ADNOC, Borealis equities
Abu Dhabi – Mubasher: Borouge has issued a notification of change in ownership after Borouge Group International AG completed the acquisition of the majority stake by owning 90% of the company’s share capital. Towards the formation of Borouge …
Company News
Crescent Petroleum
19 March 12:49 AM Crescent Petroleum transfers shareholding in Dana Gas
Abu Dhabi – Mubasher: Dana Gas stated that CP Upstream Holding (DG) Limited’s ownership percentage has reached 20%, based on the records received from the Abu Dhabi Securities Exchange (ADX). This announcement was made as Crescent Petroleum …
Mergers and Acquisitions
Cambridge Health
17 March 01:03 PM Cambridge Health completes 100% takeover of Saudi Sukoon International
Dubai - Mubasher: Cambridge Health Group, a subsidiary of Amanat Holdings, has completed the acquisition of the remaining minority interest in Sukoon International Holding Company, a Saudi Arabia-based provider of acute extended care, …
Companies Investments
Judan Financial Holding
10 March 02:45 AM IHC’s Judan Financial expands global asset management footprint through US investment
Abu Dhabi – Mubasher: Judan Financial Holding, a subsidiary of International Holding Company (IHC), has made its first strategic investment in US-based investment management firm Alpha Wave Global for a 50.1% stake in the company. The investment …
Banking and Finance
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8 March 11:42 AM 2PointZero takes over majority stake in Italy’s ISEM Packaging for AED 704m
Abu Dhabi - Mubasher: 2PointZero Group, formerly Multiply Group, has completed the acquisition of a 60.80% stake in Italy-based ISEM Packaging Group for AED 704 million, marking its expansion into the global packaging sector. The transaction was …
Global Economy
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2 March 12:23 PM Tasnee sells subsidiary to Saudi Holding for SAR 700m
Riyadh - Mubasher: National Industrialization Company (Tasnee) signed a share purchase agreement with Saudi Holding Company for Conversion Industries (Tahweel Holding). Through this contract, Tasnee will sell its unit Al Rowad Industrial …
Mergers and Acquisitions
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23 February 12:14 PM Beltone denies stake acquisition by Al Ansari Financial
Cairo - Mubasher: Beltone Holding has denied having any information regarding a potential stake acquisition by UAE-based Al Ansari Financial Services, according to a bourse filing. This comes in response to reports claiming that Al Ansari …
Companies Investments
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22 February 04:23 AM Emirates Driving Company announces intent to acquire a majority stake in performise labs
Abu Dhabi – Mubasher: Emirates Driving Company, a subsidiary of 2PointZero Group, has announced its intention to acquire a 51% majority stake in AI solutions firm Performise Labs, according to a bourse disclosure. Subject to regulatory approvals …
Companies Investments
Emirates Telecommunications Group Company (e&)
22 February 03:40 AM e& announces updated shareholding in global entity Vodafone
Abu Dhabi – Mubasher: Emirates Telecommunications Group Company (e&) unveiled that its shareholding in the multinational global entity Vodafone Group plc has reached 17.0050%, according to a bourse disclosure. e& noted that the updated …
Companies Investments
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19 February 01:18 PM PIF-owned HUMAIN invests $3bn in Musk’s xAI
Riyadh - Mubasher: HUMAIN, a Public Investment Fund (PIF) company, invested $3 billion in Elon Musk’s xAI as a part of its Series E round prior to its acquisition by SpaceX, according to a press release. Following the transaction, the PIF-based …
Mergers and Acquisitions
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19 February 10:08 AM Maersk acquires majority stake in DP World's Jeddah terminal
Mubasher: DP World has partnered with APM Terminals, a subsidiary of A.P. Moller-Maersk, to acquire the Southern Container Terminal of Jeddah Islamic Port. APM Terminals will acquire a 37.50% stake in the terminal, while DP World will take over a …
Global Economy
Photo Archive
18 February 06:52 PM Emirates Driving’s board proposes rebranding, AI firm acquisition
Abu Dhabi - Mubasher: The board members of Emirates Driving Company recommended changing its trade name to Emirates Mobility Company. On 18 February 2026, the board also proposed acquiring a 51% stake in Performise Labs FZ-LLC, a Dubai-based AI …
Companies Investments