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Elon Musk sells $4bn worth of Tesla shares following Twitter takeover...

Tesla’s Chief Executive Officer Mr. Elon Musk has sold $4 billion worth of shares in the electric vehicle maker. Mr. Musk said in a tweet...

Dubai Investments sells 50% stake in Emicool to Actis for $1bn

UAE-based leading investment company, Dubai Investments has sold a 50 percent stake in Emirates District Cooling (Emicool) to investment firm Actis at a corporate...

Investcorp sells its majority stake in Spanish firm Agromillora

Bahrain-based leading global alternative investment firm, Investcorp has sold its majority stake in the Spain-based Agromillora to its founders and Edify, the investment holding...

Virgin Galactic founder Richard Branson sells stake worth $300mn

American spaceflight company Virgin Galactic founder Mr. Richard Branson has sold a further $300 million worth stake in the space tourism company in order...

Indian firm Nazara to acquire majority stake in Middle Eastern game...

One of the leading game publishing agency, Arrakis Tanitim Organizasyon Pazarlama (Publishme) is selling its majority stake to India-based diversified gaming and sports media...

UAE-based SHUAA Capital sells its stake in Bahrain’s Khaleeji Commercial Bank

UAE-based leading asset management and investment banking platform SHUAA Capital has sold its 3.8 percent stake in Khaleeji Commercial Bank (KHCB), totaling 34.648 million...

SHUAA Capital sells 20% stake in MIPCO to Japanese group Sojitz

UAE-based leading asset management and investment banking platform SHUAA Capital has sold its 20 percent equity stake in Mirfa International Power and Water Company...

UAE’s Etihad sells its entire stake in Air Seychelles

UAE’s national airline Etihad Airways has sold its 40 percent stake in the national airline of the Republic of Seychelles, Air Seychelles, handing over...
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