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Dubai’s Amanat sells stake in education provider Taaleem for $95.3mn

GCC’s largest healthcare and education investment company Amanat Holdings has sold its 21.7 percent stake in Taaleem Holdings for $95.3 million (Dh350 million) to...

Saudi Arabia in talks to sell 1% stake in Aramco; Crown...

Saudi Arabia's Crown Prince, Mohammed bin Salman Al Saud, has stated that the kingdom is in negotiations to sell a one percent stake in...

Virgin Galactic Chairman sells his personal stake for $213mn

American spaceflight company Virgin Galactic Chairman Chamath Palihapitiya has sold his personal stakes in the space-tourism company founded by Richard Branson for around $213...

Toshiba to sell its 40.2% stakes in Kioxia

Toshiba Corp is planning to phase out its 40.2 percent stake in Kioxia Holdings after the world's second-largest flash memory chip company revealed its...

ADIA to buy 1.16% stake in Reliance Jio Platforms

Abu Dhabi Investment Authority will invest $752 million to buy a 1.16% stake in Reliance Jio. This will be the third investment that Reliance's...

ADNOC closing landmark deal to sell 49% stake in pipeline business

Abu Dhabi National Oil Co. - ADNOC is closing in on a deal with investors supported by Global Infrastructure Partners and Brookfield Asset Management...

yallacompare raises $4.25M from Kuwaiti’s Gulf Insurance Group

Egypt and the Middle East’s finance comparison site yallacompare has raised $4.25 million through the sale of a 9.6% stake to Kuwaiti’s Gulf Insurance...
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