Sunday 20 April 2014
 
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Hanco

Hanco acquires rental firm Byrne for $163m

Hanco, a leading asset rental and leasing company in the GCC, has acquired Byrne Investments and its subsidiaries from Havenvest Private Equity Middle East and HSBC Bank Middle East, for a value of around Dh600 million ($163 million).

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Hanco signs 3 new strategic deals at ATM

Jeddah based Hanco, a leading car rental and leasing company, has announced the signing of a trio of strategic alliance agreements at Arabian Travel Market (ATM) 2013 in Dubai with several Gulf-based tour operators. The new strate

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Hanco opens first overseas office in Dubai

Jeddah-based Hanco, one of the Middle East’s largest and fastest growing car rental and leasing companies, has opened its first overseas office in Dubai. The launch of the Dubai office, announced at Arabian Travel Market tha

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NBK Capital exiting 40pc stake in Saudi firm

NBK Capital, the investment banking arm of National Bank of Kuwait, is selling its stake in Saudi fleet leasing and car rental firm Hanco and may cash out in an initial public offering for its Turkish investment Kilic Deniz, a top executive said o

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Hanco launches emergency breakdown service

Saudi-based Al-Tala’a International Transportation Company (Hanco) has joined hands with Middle East Auto Services (MID) to launch an emergency breakdown service in the Kingdom. Hanco operates a fleet of more than 10,000 vehicles from its

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NBK Capital buys stake in Hanco

NBK Capital, the investment banking arm of National Bank of Kuwait, said on Sunday it has bought a 40 percent stake in Saudi car rental firm Al-Talaa International Transportation Co (Hanco). NBK Capital did not disclose the value of the de

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NBK Capital buys into Saudi car rental firm

NBK Capital, the investment banking arm of National Bank of Kuwait, said on Sunday it has bought a 40 per cent stake in Saudi car rental firm Al-Talaa International Transportation Company (Hanco). NBK Capital did not disclose the value of

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