UAE Edition 
MENA+ Edition 
Egypt Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
Al Ansari Financial Services to fully acquire Bahrain’s BFC Group
The acquisition is set to close by 1Q 2025
Majarra acquires UAE-based Arabic AI and NLP startup Lableb
The move marks Majarra’s expansion into the AI sector
CBUAE signs currency swap agreement with Ethiopia
PLUS: Emirates SkyCago acquires five new freighters
Muller & Phipps acquires 100% of local esports firm Power League Gaming
The gaming firm plans to expand into KSA by the end of this year
UltraTech closes Rak White Cement acquisition
PLUS: Fitch upgrades Masdar’s rating to AA-
M&A activity is off track globally this year
Transaction value in 2024 is over USD 300 bn below the 10-year average in 1H
IHC’s Sirius International Holding snags Derby Group ahead of IPO
IHC plans to list Sirius on the public market in 2025
Adia invests in Jain Global + Al Zeyoudi wants to grow trade ties with the US
Good morning, ladies and gentlemen. It’s not a particularly busy morning as we approach the end of the last workweek…
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