ADNOC finalizes acquisition of controlling stake in Fertiglobe
by Abu Dhabi National Oil Company (ADNOC) is set to close its acquisition of a controlling stake in Fertiglobe, the joint venture it holds with Netherlands-based …
Tag: Stake
Qatar Investment Authority Reduces Stake in Sainsbury’s Amid Shifting Investor Sentiment
Sainsbury’s largest shareholder, the Qatar Investment Authority (QIA), has reduced its stake in the UK-based supermarket chain. QIA sold approximately 5% of its shares, equivalent …
Ghitha Holding to Acquire International Food Industries Stake for $11 Million
Abu Dhabi-based Ghitha Holding, a subsidiary of the International Holding Company (IHC), is making strategic moves to strengthen its position in the food sector by …
PM Narendra Modi’s Political Worth Is Once Again At Stake
By Dr. Gyan Pathak Lok Sabha Election 2024 results have shown a drastically declined political worth of Prime Minister Narendra Modi, that has quantified it …
Dgpays and Arcapita Acquire Majority Stake in NEOPAY
A consortium comprising Turkish fintech firm Dgpays and Bahrain-based Arcapita Group has successfully acquired a majority stake in NEOPAY, a digital payments platform owned by …
Sunset Hospitality Group Acquires Majority Stake in Maximal Concepts
Sunset Hospitality Group (SHG), a leader in lifestyle hospitality, announces the acquisition of a majority stake in Maximal Concepts Holding (Maximal Concepts), one of the …
Saudi-backed investment firm eyes European basketball stake
A sports investment firm, primarily backed by Saudi Arabia’s Public Investment Fund (PIF), is actively seeking to acquire a significant stake in a prominent European …
Mashreq Bank divests major stake in NeoPay to Arcapita and Dgpays
Arabian Post Staff -Dubai Mashreq Bank, one of the most prominent financial institutions in the UAE, has finalized the sale of a significant 65% stake …
Blackstone eyes potential sale of its stake in VFS Global
Blackstone, one of the world’s largest private equity firms, is weighing the sale of its majority stake in Dubai-based visa services giant VFS Global. The …
Abu Dhabi Investment Group Divests Stake in The Spectator
Abu Dhabi’s RedBird IMI has offloaded its ownership of The Spectator to British financier Crispin Odey. This sale marks a significant shift in the media …