Tuesday 7 July 2015
 
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Abraaj buys majority stake in Nigeria mattress maker

Dubai-based Abraaj Group, a leading investor operating in global growth markets, today (July 7) has acquired a majority stake in Mouka, a leading mattress manufacturer in Nigeria. The acquisition is through one of Abraaj's fun

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Abraaj buys majority stake in Nigeria mattress maker

Dubai-based Abraaj Group, a leading investor operating in global growth markets, today (July 7) has acquired a majority stake in Mouka, a leading mattress manufacturer in Nigeria. The acquisition is through one of Abraaj's fun

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Qalaa in deal to sell key stake in Egypt glass company

Qalaa Holdings (formerly known as Citadel Capital), one of Egypt's largest investment companies, said it has entered into a preliminary agreement with key investors of Misr Glass Manufacturing Company (MGM) to divest its shares in the compan

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Turkcell buys key stake in Euroasia for $100m

Leading Turkish mobile phone company Turkcell said it had signed a deal to buy the remaining 44.96 per cent of its Netherlands-based unit Euroasia Telecommunications Holding for $100 million. It bought the stake from SCM Holdings

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Turkcell buys key stake in Euroasia for $100m

Leading Turkish mobile phone company Turkcell said it had signed a deal to buy the remaining 44.96 per cent of its Netherlands-based unit Euroasia Telecommunications Holding for $100 million. It bought the stake from SCM Holdings

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French group buys $150m stake in KHC

Kingdom Holding Company, the Saudi Arabian investment firm chaired by billionaire Prince Alwaleed bin Talal, said a group of French companies led by a state-backed investment fund have agreed to invest $150 million in the company.

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Saudi Aramco plans to boost stake in Lukoil JV

Saudi state oil company Saudi Aramco wants to raise its share in Luksar, a joint venture with Russia's Lukoil, to 50 per cent, the chief executive of the Russian company said on Wednesday. "They are interested in taking t

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Qalaa to sell off non-core assets in deals with FHI

Qalaa Holdings, one of Egypt's largest investment firms, said on Tuesday it had signed agreements with Financial Holdings International (FHI) to buy some of FIH's subsidiaries. The move is designed to divest multiple non-c

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Etihad ‘not in talks to raise stake in India's Jet’

Abu Dhabi-based Etihad Airways denied a media report on Tuesday that it is in discussions with the Indian government to raise its 24 per cent stake in India's Jet Airways. Citing unnamed government sources, Bloomberg TV India

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DI buys into UAE investment firm Al Mal

Dubai Investments (DI), a leading investment company listed on the Dubai Financial Market, has completed the acquisition of 59.66 per cent stake in UAE-based Al Mal Capital. Established in 2005, Al Mal is a diversified investment

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