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Economy

Cement producer Qassim signs MoU to acquire Hail Cement

Follow-ups -eshrag News: Sun, 2022-09-25 12:11 RIYADH: Qassim Cement Co. has signed a non-binding memorandum of understanding with Hail Cement…

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Economy

CITC approves PIF-led group’s $807m deal to acquire Zain KSA’s tower sites 

Follow-ups -eshrag News: Thu, 2022-09-08 10:11 RIYADH: Zain KSA has received no-objection letters from the Communications and Information Technology Commission…

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Economy

PIF-backed TAQA to acquire Abu Dhabi’s AlMansoori Petroleum Services

Follow-ups -eshrag News: DOHA: Microsoft has launched its first cloud data center region in Qatar in collaboration with the Qatari…

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Economy

PIF-owned military firm SAMI receives GAC approval to acquire Saudi Rotorcraft

Follow-ups -eshrag News: RIYADH: Tesla chief Elon Musk stressed the need to simultaneously invest in the oil and gas sector…

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Economy

UAE In-Focus — Noon to acquire Namshi for $335.2m; MBRAH’s Suppliers Complex to be completed in September

Follow-ups -eshrag News: Sun, 2022-08-21 12:57 DUBAI: E-commerce platform Noon, backed by Dubai billionaire Mohamed Alabbar and Saudi Arabia’s Public…

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Economy

PIF-owned SRC, Riyad Bank sign $133m deal to acquire real estate financing portfolio

Follow-ups -eshrag News: Macro Snapshot — Turkey’s central bank slashes interest rate; Spain’s trade deficit widens almost to $32bn  CAIRO: Turkey’s…

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Economy

Saudi IT firm solutions by stc gets approval to acquire Egypt’s Giza Systems

Follow-ups -eshrag News: UAE In-Focus — SWVL announces a $20m private placement; Dubai developer plans to raise $4.6bn loan DUBAI: SWVL, Dubai-based mobility…

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Economy

Bahraini GFH’s UK unit signs $410m JV to acquire logistics assets in Spain

Follow-ups -eshrag News: Tue, 2022-08-02 13:50 RIYADH: Bahraini GFH Financial Group’s UK unit, Roebuck Asset Management, has set up a…

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Economy

Aramco to acquire Valvoline’s Global Products Business in a $2.65bn deal

Follow-ups -eshrag News: China In-Focus — PMI says July activity growth slowed; Nio to make power products for Europe RIYADH:…

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Economy

UAE’S Aldar to acquire 4 commercial towers for $1bn from Mubadala

Follow-ups -eshrag News: China In-Focus — Stocks flat; Jack Ma to give up control of Ant Group; Asian giant targets…

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