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THIS MORNING: UAE reopens airspace + Trump says Iran and Israel agree to a ceasefire
Plus: Americana confirms talks with Cravia over a buyout
Taaleem Holdings to acquire 95% stake in Kids First
The transaction is expected to be completed in 4Q of FY 2024/2025, pending regulatory approvals
THIS MORNING: Americana eyes Five Guys, Cinnabon operator + More details about Ras Al Khaimah airport’s new terminal
Plus: GulfNav readies convertible bond issuance to fund Brooge acquisition
Dubai Investments-backed GFN acquires Jeddah’s HealthPlus
The two acquisitions represent a combined investment of over SAR 100 mn
XRG leads consortium bidding for Australian oil and gas firm Santos
Santos intends to accept the offer
EIB delists from DFM
Emirates NBD completed its mandatory acquisition of all remaining EIB shares, following a prior AED 70 mn offer
NMDC LTS seals Emdad acquisition
Emdad booked more than AED 600 mn in revenues last year
IRH acquires majority interest in Congo tin mine firm for USD 367 mn
The transaction transfers control from US private equity firm Denham Capital’s subsidiary
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