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ADQ’s Agthia is one step closer to Atyab takeover
ADQ Holding’s Agthia to move forward with Atyab acquisition soon: Emirati state-owned investment firm ADQ Holding’s food subsidiary Agthia has…
ADQ teams up with Adnoc on Wataniya bid
Abu Dhabi’s sovereign wealth fund ADQ is joining forces with Abu Dhabi National Oil Company (Adnoc) in its takeover bid…
Kuwait’s SWF eyes new acquisitions in Egypt’s pharma, food sectors
Kuwait’s sovereign wealth fund KIA is planning to acquire minority stakes in four to five companies in Egypt over the…
FRA and SPMD reject fair value reports ahead of Prime Speed takeover
FRA orders do-overs on SPMD, Prime Speed valuations ahead of takeover: The Financial Regulatory Authority (FRA) has ordered the reassessment…
ADQ reaches agreement to snag Amoun Pharma
Abu Dhabi’s sovereign wealth fund ADQ is acquiring 100% of Bausch Health’s unit in Egypt, Amoun Pharma, in a USD…
EK Holding increases stake in Alexandria Fertilizers
EK Holding has reportedly purchased a 10% stake in Alexandria Fertilizers in a USD 50 mn transaction, according to a…
What the markets are doing on 24 March 2021
Don’t hold your breath for a digital USD anytime soon: The US Federal Reserve remains cautious about issuing a central…
Bank ABC is within arm’s reach of Blom Bank
Bahrain’s Bank ABC is finalizing its acquisition of Lebanon’s Blom Bank’s Egypt arm after getting the green light from Bahrain…
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