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Aldar, ADQ are now SODIC’s majority shareholders
The Aldar-ADQ consortium officially owns 85.5% of SODIC: The Emirati consortium of real estate giant Aldar Properties and Abu Dhabi…
Private equity ain’t all it’s cracked up to be + the words we tripped over in 2021
Private equity isn’t quite as lucrative as it claims to be: Far from its heyday in the 1990s, private equity…
SODIC is officially getting Emirati owners
The Aldar / ADQ takeover of SODIC is going through: SODIC shareholders have so far agreed to sell shares equivalent…
THIS MORNING: You may (officially) SPAC now; Omicron in the Gulf + US; Major market reversal.
Good morning, wonderful people, and welcome to the final workday of the week. We’ve only got four Thursdays left until…
SODIC approves Aldar offer despite falling short of fair value report benchmark
SODIC’s board of directors has approved a bid from Aldar Properties and ADQ despite the offer price falling short of…
Will the Great IPO Rush of 2021 spill over into next year?
The record IPO rush could soon dwindle down: After 2021 panned out as the biggest year for IPOs on record,…
TONIGHT: We’re still at zero Omicron at home + SODIC gives Aldar-ADQ offer its blessing
It’s another Omicron-led news day, ladies and gentlemen. The new variant is still very much driving the conversation abroad on…
We still don’t know if Ezz Steel is acquiring a stake in Egyptian Steel
MARKET NEWS- Ezz Steel’s alleged acquisition of a stake in Egyptian Steel is still unconfirmed: Early reports that Ezz Steel…
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