Mergers & Acquisitions

Mergers & Acquisitions

Saudi Center for Commercial Arbitration signs MoU with Saudi Contractors Authority

September 27, 2021

With a view to supporting the contracting sector in Saudi Arabia and providing the best alternative dispute resolution solutions, the…

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FinTech

Wizz Financial gets regulator green light to acquire UAE Exchange

September 27, 2021

Financial technology company Wizz Financial is set to acquire remittance house UAE Exchange, previously owned by troubled London-listed payment firm…

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Mergers & Acquisitions

Gargash Group announces the acquisition

September 20, 2021

Gargash Group has announced the acquisition of Deem Finance, a leading consumer finance business in the UAE. The acquisition will…

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FinTech

Egypt to sell minority stake in state payments firm

September 20, 2021

Egyptian state-controlled payments firm e-finance for Digital and Financial Investments said on Sunday it would offer up to 14.5 percent…

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Mergers & Acquisitions

Montfort Group enters East African market by acquiring Kencor Petroleum Limited in Kenya

September 14, 2021

Montfort Group announced the complete acquisition of Kencor Petroleum Limited (Kencor), an oil marketing company based in Nairobi, Kenya, that…

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FinTech

SS&C Intralinks Predicts Record for Global Mergers & Acquisition Transactions in Q4 2021

September 7, 2021

SS&C Technologies Holdings, Inc. has introduced results from the Q4 2021 issue of the SS&C Intralinks Deal Flow Predictor, an…

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Mergers & Acquisitions

Saudi Arabia approves merger of 32 firms to mitigate losses

August 12, 2021

Saudi Arabia’s General Authority for Competition announced that it has no objection to the merger of 32 companies and local…

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Mergers & Acquisitions

Bahrain's ABC triples Egypt market share with BLOM unit takeover

August 12, 2021

Bahrain’s Arab Banking Corp has completed the acquisition of a 99.5% stake in the Egyptian unit of Lebanon’s BLOM Bank,…

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Mergers & Acquisitions

Bahrain’s Bank ABC buys 99.5% of Blom Bank Egypt

August 10, 2021

Bahrain’s Arab Banking Corporation has acquired a 99.5 per cent stake in Blom Bank Egypt in a mandatory tender offer.…

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Comment & Analysis

Bentley has 5 unused 2015 limousines for sale

August 8, 2021

Back in 2015, a customer in the Middle East ordered five Mulsanne Grand Limousines to be custom produced by Bentley.…

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FinTech

Egypt: Fawry to acquires Banque Misr’s 15% stake in Fawry Plus

August 5, 2021

Fawry for Banking and Payment Technology Services will purchase a Banque Misr’s 15% stake in its subsidiary Fawry Plus Banking…

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FinTech

Fawry's OGM approves to buy Banque Misr, CIB stake in Fawry Plus

August 3, 2021

The ordinary general meeting  of Fawry for Banking Technology and Electronic Payments has approved to purchase the stake of Banque…

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