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Ades Holding takes over Dubai-based Shelf Drilling for SAR 1.4 bn
The firm will pay a 62% premium to Shelf Drilling’s share price at market close on 4 August
MENA PE activity cools down in 1H 2025 — but it’s mostly good news amid signs of a maturing market -Magnitt
Some 29 transactions totaling USD 2.88 bn were recorded in the first half of the year
Gulf Capital offloads majority stake in Art Fertility to KKR-backed group
The sale includes three clinics in the UAE and one in Saudi Arabia
Air Arabia enters KSA joint venture
The new carrier is set to operate domestic and international flights from Dammam’s King Fahd International Airport (DMM)
Al-Futtaim takes big stake in Cenomi Retail
Cenomi Retail had been shedding brands as part of a turnaround bid. Al-Futtaim is now offering a lifeline — and…
UAE leads GCC projects market in 2Q despite regional slowdown
Total contract awards in the Emirates fell 47% y-o-y to USD 14.0 bn, but still accounted for nearly half of…
Gulf IPOs cool in 1H, and Saudi Arabia keeps the crown
Saudi Arabia keeps its IPO crown in 1H as GCC listings dip 6% y-o-y
Proptech Huspy raises USD 59 mn for Saudi and Europe expansion
The startup plans to expand to six new cities in Spain this year
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