Tag: Acquisition
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...
Saudi PIF acquires 16.87% stake in Kingdom Holding for $1.52bn
Kingdom Holding Company (KHC), a Saudi-based leading investment firm, has sold 16.87 percent of the company to the Public Investment Fund (PIF) for $1.52...
Saudi Food Delivery Firm Jahez eyes to acquire The Chefz
Saudi food delivery firm Jahez has signed a non-binding pact to acquire the online food delivery platform, The Chefz, as it seeks to further...
Saudi PIF acquires 5% stake in Japanese gaming company Nintendo
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) has acquired a 5.01 percent stake in the Japanese multinational video game company, Nintendo.
PIF...
UAE’s GII acquires 51% of Saudi Arabia’s Almeswak for $530mn
UAE-based leading financial services company Gulf Islamic Investments (GII) has closed a $530 million deal to buy a 51 percent stake in Saudi Arabia’s...
UAE’s e& acquires 9.8% stake in Vodafone for $4.4bn
e&, the UAE-based biggest multinational telecommunications services provider, has acquired a 9.8 percent stake in British mobile carrier Vodafone Group for $4.4 billion as...
Bahrain’s GFH acquires majority stake in US-based SQ Asset Management
Bahrain-based leading financial group, GFH Financial Group has signed an agreement to acquire a majority stake in the US-based living sector asset manager and...
