Top deals of the day - Meragers & Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Friday.
Middle East
India Secures 10-Year Chabahar Port Deal With Iran, Bypassing Rival Pakistan's Gwadar
India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tensions.
Chinese Companies Dominate Licensing Bids to Explore Iraq Oil and Gas Fields as US Snubs Energy Bidding Round
Chinese companies won five more bids to explore and develop oil and gas fields in Iraq...
Despite Biden Administration Pause, Billions of Dollars Worth of US Weaponry Still Due to Go to Israel
Despite the Biden administration's pause on one bomb shipment and review of others due to concerns over potential civilian casualties, Israel is still set to receive US weaponry worth billions of doll..
Maersk Shipping Disruption Amid Houthi Attacks in Red Sea Could Force More Delays
Red Sea container shipping is experiencing increased disruption, according to Maersk, which predicts that capacity between Asia and Europe would be reduced by up to 20% in the second quarter...
Biden Administration Halts US Ammunition Shipment to Israel; Tel Aviv ‘Unaware’ of Washington’s Decision
Israel is "unaware" of any US decision to halt a supply of ammunition ...
EU Vows $1 Billion Aid for Lebanon Amid Spiralling Economic Crisis
The European Union has recently unveiled a substantial aid package of ...
Latest News
CORRECTED: First Gulf Bank completes deal for Dubai First
The credit card business unit of Dubai Group was acquired by First Gulf Bank.
Banks avoid financial backing for Etisalat over letter of support issued for subsidiary
Two of the most active banks in the Gulf region, Standard Chartered and Citigroup Inc have decided not to support Etisalat's loan for the acquisition of Maroc Telecom.
Dubai Holding ratings upgraded by Moody's
Upgrades were issued to the CPR and MTN of DHCOG including a positive outlook stamp of approval by Moody's Investor's Service.
Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Wednesday
Rumors say BG Group Chairman Andrew Gould would join Saudi Aramco board
The Saudi Aramco board, according to unconfirmed news reports, would be joined by BG Group Chairman Andrew Gould.
Mobli obtains USD60 million investment from Slim, other investors to expand visual search engine capabilities
A recent investment round by Israeli startup Mobli had secured USD60 million in investment from Carlos Slim's América Móvil and other institutional investors.
Saudi Arabia's largest healthcare providers to do IPO
Sulaiman Al-Habib (HMG) and Almana General Hospitals have engaged the services of separate banks to assist in its IPO listing.
Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Tuesday.
Maroc shareholdings bought by Etisalat from Vivendi
Etisalat and Vivendi formalize agreement as to the sale of Maroc shareholdings from Vivendi to Etisalat.
