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Acwa Power buys Bahrain, Kuwait power plant assets for $693m

Acwa Power, the world's largest private water desalination company, leader in energy transition, and first mover into green hydrogen, has announced the signing of a share purchase agreement with the regional subsidiary of French utility de

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Acwa Power buys Bahrain, Kuwait strategic utility assets for $693m

Acwa Power, the world's largest private water desalination company, leader in energy transition, and first mover into green hydrogen, has announced the signing of a share purchase agreement with the regional subsidiary of French utility de

More…

Acwa Power buys Bahrain, Kuwait strategic utility assets for $693m

Acwa Power, the world's largest private water desalination company, leader in energy transition, and first mover into green hydrogen, has announced the signing of a share purchase agreement with the regional subsidiary of French utility de

More…

Investcorp Capital acquires four prime US student housing assets

Investcorp Capital, an investor in private markets and alternative investment opportunities, has announced key investment in four student housing acquisitions totaling more than 2,500 beds for a gross transaction value of over $300 million in

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Investcorp Capital acquires four prime US student housing assets

Investcorp Capital, an investor in private markets and alternative investment opportunities, has announced key investment in four student housing acquisitions totaling more than 2,500 beds for a gross transaction value of over $300 million in

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DAE signs asset sale, servicing agreement with K2 Aviation

Dubai Aerospace Enterprise (DAE), a leading global aviation services corporation, has signed a definitive agreement with K2 Aviation, a mid- to end-of-life aviation investor, to sell seven Airbus and Boeing aircraft on lease to six airline cus

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UAE banking assets climb 1.3% to $1.19trillion in October

The Central Bank of the UAE (CBUAE) has revealed that the country's gross banking assets, including bankers’ acceptances, increased 1.3% from AED4.4 trillion ($1.198 trillion) at the end of September 2024 to exceed AED4.456 trillion

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BNET acquires Amwaj Islands’ ICT infrastructure assets

Bahrain Network (BNET), the national company responsible for providing fibre-based broadband network in Bahrain, has announced its complete acquisition of Amwaj Islands’ fixed-fibre infrastructure network assets.  

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Arab Bank 9M net profit up 19pc to $748.6m

Arab Bank Group has posted net income after tax of $748.6 million in the first nine months (9M) of this year compared to $630.3 million for the same period last year, an increase of 19%.   The group’s asset

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Mubadala’s Kelix bio acquires 4 GlobalOne Healthcare assets

After the acquisition of Kelix bio, Mubadala Investment Company, an Abu Dhabi sovereign investor, has advised its new specialty pharma business to acquire 100% stake in four of GlobalOne Healthcare Holding’s (GHH) pharma assets. 

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