Thursday 14 November 2024
 
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Alba, Maaden mull merger of aluminium business units

Aluminium Bahrain (Alba) has a non-binding agreement with Saudi Arabian Mining Company (Maaden) to commence due diligence towards a potential business combination involving segments of Maaden’s aluminium strategic business unit. 

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Vriezoo ROV merges with Mark Offshore to create FreeStar

Vriezoo ROV Services and Mark Offshore have merged to create FreeStar Subsea Services a unique combination of ROV and survey support services.    While most mid-sized subsea companies specialise in either ve

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Bayanat, Yahsat shareholders to vote on merger on April 25

Shareholders of Bayanat, a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company (Yahsat) will vote on the proposed merger of the two entities on April 25.   For this the t

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Bayanat, Yahsat shareholders to vote on merger on April 25

Shareholders of Bayanat, a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company (Yahsat) will vote on the proposed merger of the two entities on April 25.   For this the t

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National Bank of Bahrain says in merger talks with BBK

The National Bank of Bahrain, a leading financial institution in the kingdom, has announced that it has begun initial discussions with the Bank of Bahrain and Kuwait (BBK) about a potential merger.   Es

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African e-commerce giants Wasoko & MaxAB to merge

Two of Africa's most prominent e-commerce companies, Wasoko and MaxAB, have announced that they have signed preliminary merger terms to function as a combined entity to drive the transformation of Africa’s informal retail sector.&nbs

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Bayanat, Yahsat merger to create $4bn space tech champion

Bayanat AI and Al Yah Satellite Communications Company will merge to create an AI-powered space technology champion in the Mena region with an implied market capitalisation of over AED15 billion ($4 billion). &nbs

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Bayanat, Yahsat merger to create $4bn space tech champion

Bayanat AI and Al Yah Satellite Communications Company will merge to create an AI-powered space technology champion in the Mena region with an implied market capitalisation of over AED15 billion ($4 billion). &nbs

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HSBC Oman merger with Sohar International complete

The merger between HSBC Bank Oman and Sohar International Bank of Oman was completed on August 17, it has been announced.   Following the successful merger, Sohar International Ban has welcomed its newly migrated

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Mena M&A transactions hit $32bn in H1, says report

The value of announced mergers and acquisition (M&A) transactions with any Mena involvement reached $31.9 billion during the first six months of 2023, down 34% compared to last year and the lowest first half total since 2017, according to

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