AD Ports Group
AD Ports Group has wholly acquired the UAE-based Divetech Marine Engineering Services, specialised in installation, inspection, repair, and maintenance for ports and other maritime organisations.
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Baladna
Baladna has acquired a 5% stake in Juhayna Food Industries through a number of purchases worth EGP 285.80 million.
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Palm Hills Developments
Palm Hills Developments has acquired a 7.97% stake in the International Company for Leasing (Incolease) in exchange for EGP 65.35 million.
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RAK Ceramics
Ras Al Khaimah Ceramics (RAK Ceramics) has signed a share purchase agreement to fully acquire KLUDI Group, a German-based company.
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e&
e& is in talks to raise its stake in Saudi Arabia-based Etihad Etisalat Company (Mobily) to 50% plus one share.
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DAMAC Properties
The board of DAMAC Properties has approved to raise the company's stake in the share capital of Damac International Limited to 68% from 45%.
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