Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank (ADCB) has acquired a 51.5% stake in the capital of Alexandria Medical Services - Alexandria New Medical Center for AED 64 million (EGP 275 million).
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Alexandria National Company
Alexandria National Company for Financial Investment has received an offer from Zaldi Capital and other investors to acquire 90% of the company’s shares.
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SABIC
The Saudi Basic Industries Corporation (SABIC) announced the completion of the Saudi Arabian Fertilizer Company’s (SAFCO) full acquisition of SABIC Agri-Nutrients Investment Company (SANIC).
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Sumou Holding Company
Sumou Holding Company has acquired Lamar Towers Project in Jeddah city after receiving a go-ahead from the Off-Plan Sales or Rent Programme (WAFI).
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Agthia Group
Agthia Group announced the successful completion of its strategic combination with Al Foah, the world’s largest date processing and packaging company based in Abu Dhabi.
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El Nasr for Manufacturing Agricultural Crops
The Egyptian Financial Regulatory Authority (FRA) said that a consortium comprised of Al Raed for Agricultural Production and Real Estate Investment and New Smart for Construction submitted an offer to acquire a controlling stake in El Nasr for Manufacturing Agricultural Crops.
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IHC Industrial Holding
IHC Industrial Holding, a wholly-owned subsidiary of International Holdings Company (IHC), has completed the acquisition of 60% of the share capital of Afkar Financial and Property Investment.
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