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Egypt plans to collect $5bn through IPOs by mid-2024

The Egyptian government is planning to attract $5 billion from the initial public offerings (IPOs) of power plants and state-owned companies from October 2023 until the end of June 2024.   According to a report o

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Egypt plans to collect $5bn through IPOs by mid-2024

The Egyptian government is planning to attract $5 billion from the initial public offerings (IPOs) of power plants and state-owned companies from October 2023 until the end of June 2024.   According to a report o

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Mumtalakat acquires senior preference stakes in McLaren

Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, announced today that it has acquired the senior preference shareholders' stakes in McLaren Group Limited.  

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Mumtalakat acquires senior preference stakes in McLaren

Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, announced today that it has acquired the senior preference shareholders' stakes in McLaren Group Limited.  

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Ras Al Khaimah Cement seals $830m Apex stake deal

Apex Holding, a unit of International Holding Company and a diversified operating holding company investing across multi sectors, said it has reached a sale and purchase deal agreement with Ras Al Khaimah Cement Investment.  

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Ras Al Khaimah Cement seals $830m Apex stake deal

Apex Holding, a unit of International Holding Company and a diversified operating holding company investing across multi sectors, said it has reached a sale and purchase deal agreement with Ras Al Khaimah Cement Investment.  

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Travco Group sells stakes in Air Arabia Egypt

Egypt-based Travco Group International has sold 50 per cent of its stakes in Air Arabia Egypt, a senior official has announced. Hamed El Chiaty, chairman of the group, said: “We leave the airline industry as we prefer to foc

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Mubadala takes control of Brazil tycoon's hotel, other assets

Mubadala Development, an Abu Dhabi-based investment and development company has taken ownership of Brazil’s first five-star hotel as well as stakes in four companies belonging to Brazilian tycoon Eike Batista. Mubadala had l

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Mubadala takes control of Brazil tycoon's hotel, other assets

Mubadala Development, an Abu Dhabi-based investment and development company has taken ownership of Brazil’s first five-star hotel as well as stakes in four companies belonging to Brazilian tycoon Eike Batista. Mubadala had l

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Dubal Holding mulls buying stakes in energy projects

Dubal Holding, the holding company for Dubai's stake in Emirates Global Aluminium and other assets, is considering possible acquisitions in local and international energy projects. The firm was looking for equity interests rel

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