Arkan Building Materials Company
Arkan Building Materials Company has received approval from its Board of Directors to proceed with a strategic transaction to acquire Emirates Steel Industries.
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Sumou Real Estate Company
Sumou Real Estate Company has acquired 10% equity in Tanal Real Estate Development and Investment Company for SAR 68.05 million.
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Al Ghurair Investment
Al Ghurair Investment has signed a share purchase agreement to acquire a 100% stake in Dubai-based Edible Oil Company, a multi-seed crushing plant, from Dubai Investments Industries.
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Ultra Welfare Ltd
The Egyptian Financial Regulatory Authority approved the publication of a mandatory tender offer submitted by UAE's Ultra Welfare Ltd to acquire Amoun Pharmaceutical Company.
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International Holdings Company
The subsidiary of International Holdings Company (IHC), Multiply Marketing Consultancy, has acquired 11.25% of the total issued shares of Emirates Driving Company in a big block trade.
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Al Khaleej Training and Education Company
Al Khaleej Training and Education Company has signed a non-binding memorandum of understanding to acquire 85% equity in Al Enjaz National Schools Company.
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Compass Capital for Financial Investments
Compass Capital for Financial Investments has submitted a request to the Egyptian Financial Regulatory Authority to amend the mandatory tender offer submitted for acquiring up to 5.22 million shares or 100% of Alexandria National Company for Financial Investment.
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Abu Dhabi National Oil Company
Abu Dhabi National Oil Company (ADNOC) is holding preliminary talks to acquire a significant minority stake in Masdar, the Abu Dhabi-based renewable energy developer.
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Anaam International Holding Group
Anaam International Holding Group signed a sale and purchase agreement with Saudi Wasit Establishment to acquire 51% of Saudi Wasit Factory for Entertainment & Beauty Systems.
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Remco for Tourism Villages Construction
Remco for Tourism Villages Construction approved a decision to study a letter of intent submitted by a group of Egyptian investors to acquire Remco for Real Estate Construction's entire stake of 99.98% in Empain Tourism Investments Company.
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International Holdings Company
EasyLease Motorcycle Rental, a subsidiary of Abu Dhabi-based International Holdings Company, has acquired a 70% stake in 1885 Delivery Services, providing delivery services across the UAE.
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Compass Capital for Financial Investments
The Egyptian Financial Regulatory Authority approved the publication of the mandatory tender offer submitted by Compass Capital for Financial Investments to acquire Alexandria National Company for Financial Investment.
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