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Careem acquires UAE’s subscription-based food delivery platform MUNCH:ON

Dubai-based vehicle for hire company, Careem has acquired the UAE-based subscription-based food delivery platform, MUNCH:ON. Founded in 2016, MUNCH:ON connects customers to meals at a...

Abu Dhabi’s Al Seer Marine acquires 2 VLCCs for $110mn to...

Al Seer Marine, an Abu Dhabi-listed marine company engaged across multiple marine sectors, has acquired two Very Large Crude Carriers (VLCC) worth $110 million...

UAE’s IHC acquires 25% stake in Dubai-based Invictus Trading

Abu Dhabi-based investment firm, International Holding Company (IHC) has acquired a 25 percent stake in Dubai-based international trading company Invictus Trading through one of...

Abu Dhabi’s Mubadala & EQT Private Equity to acquire Swedish firm...

Abu Dhabi-based global investor Mubadala Investment Company and EQT X fund (EQT Private Equity) have agreed to acquire Swedish medical freight firm Envirotainer from...

Oman’s Al Maha Ceramics acquires 45% stake in Al Hael Ceramics...

Al Maha Ceramics Company, one of the largest floor wall floor tiles producing companies in Oman, has signed an agreement to purchase a 45...

UAE-based DAMAC Group acquires Swiss luxury jeweler de GRISOGONO

UAE-based leading business conglomerate, DAMAC Group has purchased the Switzerland-based jewelry brand, de GRISOGONO. The brand, which filed for bankruptcy in early 2020, was identified...

Qatar’s tech startup Snoonu acquires Omani food delivery platform Akeed

Qatar’s leading tech startup Snoonu has acquired the Oman-based delivery platform Akeed for $10 million. Snoonu said in a statement that the agreement to acquire...

Abu Dhabi-based Al Seer Marine acquires LPG tankers for $66.9mn

Al Seer Marine, an Abu Dhabi-listed marine company engaged across multiple marine sectors, has acquired two additional tankers valued at $66.9 million (246 million...
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