Saudi British Bank
Saudi British Bank (SABB) has completed its merger with Alawwal Bank to combine all products and services provided to customers.
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Aldar Properties
Aldar Properties has submitted a preliminary non-binding offer to acquire a majority stake in Six of October Development and Investment (SODIC), an Egyptian real estate company.
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Egytrans
The Egyptian Transport and Commercial Services Co (Egytrans) will not sign any binding agreement with H.A. Utilities Holding BV, the owner of the infrastructure and renewable energy firm H.A. Utilities BV, until a fair value estimation study of the shares of the two companies is conducted.
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Almarai Company
Almarai Company has signed a sale and purchase agreement to acquire all shares in Bakemart UAE and Bakemart Bahrain for an enterprise value of AED 93.5 million ($25.5 million)
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Banque Misr
Banque Misr has raised its stake in CI Capital for Financial Investments to 90% from 24.13%.
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National Building and Marketing Co
National Building and Marketing Company has completed the acquisition of Ajeej Steel Manufacturing Co's entire shares of the capital in exchange for SAR 180 million.
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Verto Holding
Verto Holding has acquired 90% of National Drilling Co in a deal worth $21.1 million.
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