Saudi Fund PIF Offloads $1 Billion STC Stake
by The Saudi Public Investment Fund (PIF), a major sovereign wealth fund under the Saudi government, has executed a notable transaction by divesting over $1 billion …
Tag: Stake
ADNOC Drilling Acquires Majority Stake in Deep Well Services for $223 Million
Arabian Post Staff -Dubai ADNOC Drilling, a subsidiary of Abu Dhabi National Oil Company, has finalized the acquisition of a 95% stake in the U.S.-based …
What’s at Stake for Mexico in a Second Trump Presidency?
Tariffs, border crossings, mass deportations of migrants and military strikes on cartels: Mexico is in the firing line of the president-elect.
Mubadala Invests $200 Million in Tubacex Unit Stake
Mubadala Investment Company, a prominent state-owned investment arm based in Abu Dhabi, has acquired a 49% stake in the Spanish industrial firm Tubacex’s subsidiary, Tubacex …
CM Yogi Has The Highest Stake In Uttar Pradesh Byelections
By Dr. Gyan Pathak With announcement of NDA and INDIA bloc’s candidates for byelections of all the 9 Vidhan Sabha Constituencies in Uttar Pradesh, one …
EasyLease Expands Portfolio with Majority Stake in Gallega Global
Abu Dhabi’s International Holding Company (IHC) has made a significant move in the leasing market by acquiring a 51% stake in Gallega Global, a strategic …
MBC Group Offloads $111 Million Stake in Al Arabia
MBC Group has divested 2.45 million shares of Al Arabia, amounting to a substantial $111 million deal, marking a significant shift in its investment strategy. …
United International Holding to Divest 30% Stake Through IPO
Saudi Arabia’s United International Holding has confirmed plans to sell a 30% stake in the company through an initial public offering (IPO). This decision marks …
Lulu Group to Sell 25% Stake as it Prepares for IPO
Arabian Post Staff -Dubai Lulu Group International, one of the Middle East’s largest retail conglomerates, is planning to sell a 25% stake in its retail …
Election integrity at stake: Report highlights governance issues in the US
LOS ANGELES/DNA, UNITED STATES – Newsaktuell – 18 October 2024 – With less than three weeks to go until the November 5 presidential election, a …