The acquisition is seen as a major step in Modon Holding’s drive to further diversify its global portfolio, with a special focus on luxury residential communities in high-demand international markets
Bapco Energies and BlackRock signed another MOU to explore Bahraini infrastructure and decarbonisation projects in the future
Dallah will issue 3.89 million shares to Ayyan as part of the capital increase, valued at SAR660m
Set up in 2004, Plenary has a portfolio of 21 assets under management valued at over $25bn across Australia and the Middle East
KELIX bio, founded in November 2020, has swiftly emerged as a key player in the pharmaceutical industry, offering more products to markets across the Middle East, Africa and Asia
Cisco acquired Splunk for $157 per share in cash, representing approximately $28bn in equity value
GIP is the world’s largest independent infrastructure manager with more than $100bn in AUM and a strong reputation for driving operational improvements in its portfolio companies
SIATT specialises in the integration of systems with advanced technological content for defence and aerospace sectors
Splunk president and CEO Gary Steele will join Cisco’s executive leadership team
Beehive leads the crowdfunding platform space in the UAE, with operations in Saudi Arabia and Oman
The total purchase consideration for the acquisition of 100 per cent ownership amounts to $26.7m with an upfront payment of $17.1m
Standard Chartered’s corporate, commercial and institutional banking, and consumer, private and business banking businesses in Jordan will move to AJIB
The eatery joint joins Pickl and BonBird in the group
The assets and liabilities of the parent companies of SVB UK are excluded from the transaction
The transaction expands Aramco’s lubricants business globally
Founded in 2014, AWJ operates brands such as Operation Falafel, Catch 22 and Awani among others
One Medical operates more than 200 medical offices in 26 markets in the US
The purchase was funded from Almarai’s internal cash flows
Aveva’s software drives efficiency and reduces costs for over 20,000 customers worldwide, offering a digital twin for the whole asset lifecycle from engineering to operations
The firm has signed a share purchase agreement to acquire Target Engineering Construction Company
The acquisition supports the company’s accelerated fleet expansion and growth strategy
Subject to regulatory approvals, the transaction is expected to close in the first half of 2023
Estée Lauder is buying the Tom Ford brand and its intellectual property
The asset manager has been expanding holdings from the US to Asia as it seeks to reach assets of about $100bn
Elon Musk has also said that Twitter’s verification process is ‘being revamped right now’
The acquisition will support Masdar’s offshore wind and renewables investment strategy
Smartworld is now rebranded to e& enterprise IoT and AI
The group acquired a 70 per cent equity stake in two Egypt-based maritime companies – Transmar International Shipping Company and Transcargo International
The firms will help organisations to address challenges faced with legacy managed security services that are historically complex to deploy
Changi Consulting builds and delivers cloud-based solutions focused on helping businesses accelerate, automate and optimise their operations