Ebtikar for Financial Investment
Ebtikar for Financial Investment has acquired an additional stake of 5.9% in Masary for EGP 25.9 million.
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The Saudi Investment Recycling Company
The Saudi Investment Recycling Company, a wholly-owned subsidiary of the Public Investment Fund, has completed all procedures to acquire 100% stake in Global Environmental Management Services from Jadwa Waste Management Opportunities Fund.
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Dragon Oil
Dragon Oil has obtained the Egyptian Ministry of Petroleum’s approval to acquire BP’s Gulf of Suez oil concessions where the Gulf of Suez Petroleum Company is the contractor.
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Creative Zone
Creative Zone has acquired a stake in insurance comparison platform InsuranceMarket.ae which values the business at $80 million (Dh294m).
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Kingdom Investment and Development Company
Kingdom Investment and Development Company has signed a binding memorandum of understanding with Fawaz Abdulaziz Alhokair Company to purchase its 100% stake in Trade Center Company.
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Qatar Airways
Qatar Airways is considering increasing its 10% stake in LATAM Airlines Group.
