Jet Airways wins key approval for Etihad dealIndia's foreign investment regulator gave conditional approval on Monday to a $379 million deal by Abu Dhabi's Etihad Airways to buy a stake in Jet Airways paving the way for more acquisitions in the domestic aviation sector. More… |
Jadwa seals Saudi UMG stake dealJadwa Investment Company said its technology special opportunity fund has acquired a significant minority stake in United Matbouli Group (UMG), a leading player in Saudi domestic appliances and electronics market. Jadwa, a boutique merchan More… |
Abraaj buys Network International stakeAbraaj Capital, a leading private equity group in the region, has signed an agreement to acquire a 49 per cent stake in Network International, a leading independent payment solutions provider in the Middle East and Africa region, for Dh2 billion ( More… |