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Egyptian investment bank EFG Hermes buys minority stake in fintech platform

TMT

21 May, 2024

Egyptian investment bank EFG Hermes buys minority stake in fintech platform

EFG Hermes, the investment banking arm of Egypt’s largest financial institution EFG Holdings, acquired a minority ......

ADNOC picks up minority stake in NextDecade's Rio Grande LNG unit

Infrastructure

20 May, 2024

ADNOC picks up minority stake in NextDecade's Rio Grande LNG unit

Abu Dhabi National Oil Company (ADNOC) on Monday said it has acquired an 11.7% stake in phase 1 of NextDecade's Rio......

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Deals Digest: Funding value surges on back of big-ticket financial services deal

General

17 May, 2024

Deals Digest: Funding value surges on back of big-ticket financial services deal

Private equity (PE) and venture capital (VC) investment saw a substantial jump in terms of value, propelled by a large ......

Qatar Airways to invest in an airline in southern Africa

Infrastructure

15 May, 2024

Qatar Airways to invest in an airline in southern Africa

Qatar Airways will soon announce an investment in an airline in southern Africa, its CEO said on Wednesday, part of ......

Desert Venture acquires Saudi-based entertainment firm

TMT

14 May, 2024

Desert Venture acquires Saudi-based entertainment firm

The company behind Saudi Arabia's vast Qiddiya sports and entertainment complex near Riyadh will take over ......

Emirates Group arm dnata looking at overseas inorganic growth

Infrastructure

14 May, 2024

Emirates Group arm dnata looking at overseas inorganic growth

Emirates Group's dnata, which provides airport and travel services in over 30 countries, is looking at merger and ......

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Samvardhana Motherson sweetens terms for European acquisition

Manufacturing

13 May, 2024

Samvardhana Motherson sweetens terms for European acquisition

Indian auto parts manufacturer Samvardhana Motherson International Ltd has acquired a French component maker for ......

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PremjiInvest backs business group to acquire home financier

Finance

10 May, 2024

PremjiInvest backs business group to acquire home financier

TVS Holdings, formerly known as Sundaram-Clayton Ltd, has teamed up with billionaire Azim Premji’s family office ......

Mubadala gets regulatory nod to pick up majority stake in US' Fortress Investment

Finance

10 May, 2024

Mubadala gets regulatory nod to pick up majority stake in US' Fortress Investment

Abu Dhabi sovereign investor Mubadala Capital's $3 billion bid for New York-based Fortress Investment Group has ......

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Grapevine: EQT to pare stake in Sagility; Piramal-Bain JV India RF eyes stake in Anthea

General

10 May, 2024

Grapevine: EQT to pare stake in Sagility; Piramal-Bain JV India RF eyes stake in Anthea

Swedish private equity firm EQT is moving forward with plans to reduce its stake in Sagility (erstwhile Hinduja Global ......

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