Tuesday 23 January 2018
 
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Dubai Investments acquires entire stake in Emicool

Dubai Investments, a leading, diversified investment company listed on the Dubai Financial Market (DFM), has acquired additional 50 per cent stake in Emirates District Cooling (Emicool) from Union Properties for Dh500 million ($136 million).

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Saudi Binladin investors may sell key stakes to government

Leading construction giant Saudi Binladin Group (SBG) has asserted that it remains a private sector company owned by its shareholders amid reports that some of them may transfer their shares to the government as part of a financial settlement

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Union Properties buys key stake in Egyptian developer

Union Properties, a leading real estate developer in the UAE, said one of its units has acquired a strategic 5.68 per cent stake in top Egyptian real estate developer Palm Hills Developments as part of its regional expansion plan.

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Union Properties to sell full stake in Emicool

Union Properties, one of the leading real estate developers in the UAE, announced that it is in its final stage of selling its entire stake in Emirates District Cooling (Emicool), a leading district cooling service provider in the region.

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Oman mineral water company in key stake sale

Oman-based National Mineral Water Company said it has reached an agreement with Horizon Technologies to sell its entire 53.5 per cent stake in the company to Sabco Group, a leading family-owned business house comprising multi-faceted direct and

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Oman mineral water company in key stake sale

Oman-based National Mineral Water Company said it has reached an agreement with Horizon Technologies to sell its entire 53.5 per cent stake in the company to Sabco Group, a leading family-owned business house comprising multi-faceted direct and

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Omantel buys strategic stake in Zain group

Oman Telecommunications said it has won the bid to acquire 12.1 per cent of the issued share capital in top Kuwaiti telecommunications company Zain, thus making it the second largest shareholder in Zain Group with a 21.9 per cent stake.

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Saudi Aramco unit buys key stake in Dutch terminal

State oil giant Saudi Aramco said one of its subsidaries, Aramco Overseas Company BV has entered into an agreement with top independent commodities trading house Gunvor Group to acquire a major stake in Maasvlakte Olie Terminal (MOT) at Rotter

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Saudi Aramco unit buys key stake in Dutch terminal

State oil giant Saudi Aramco said one of its subsidaries, Aramco Overseas Company BV has entered into an agreement with top independent commodities trading house Gunvor Group to acquire a major stake in Maasvlakte Olie Terminal (MOT) at Rotter

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Saudi Aramco, Petronas eyeing $1.7bn Daewoo E&C stake

Leading international giants in the energy and construction sector such as state-run Saudi Aramco; China State Construction Engineering Corporation (CSCEC) and Malaysian energy giant Petronas are among the potential bidders eyeing a major stake

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