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Mashreq, Ghtiha report solid earnings, while war weighs on NMDC and Borouge
Several of the firms felt the squeeze from the regional war
Binghatti, Ghitha turn in 2025 results
Binhatti saw its net income nearly double in 2025 amid property boom
IHC shareholders approve Multiply-Ghitha-2PointZero merger, appoint leadership for post-merger AED 120 bn firm
The post-merger entity — which will be known as 2PointZero Group — will be led by current Multiply CEO Samia…
Invictus to acquire South African flour milling firm
The acquisition comes as part of a strategy to expand its agro-food business in Africa
Enersol to take over EV Holdings
Enersol bought the firm for USD 45 mn
Invictus now owns 60% of Morocco’s Graderco
The acquisition will help Invictus expand in African markets
Ghitha, BHM Capital Financial Services report 2023 results
Ghitha’s revenues doubled during the year to AED 4.6 bn