Wednesday 2 September 2015
 
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Marka hopes to achieve profits next year

Marka, a leading public joint stock retail operator in the UAE, said it will enter profitablity next year, even as it announced a net loss of Dh2.14 million ($584,092) for the three months ending June 30.   The f

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Hikma to acquire Roxane for $2.65bn

Hikma Pharmaceuticals, a leading multinational pharmaceutical group, is set to acquire Roxane Laboratories and Boehringer Ingelheim Roxane, from Boehringer Ingelheim. The acquisition has an aggregate value of gross consideration o

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GKN to buy Dutch aerospace supply firm for $781m

British engineering company GKN said it agreed to acquire Netherlands-based Fokker Technologies for €706 million ($781 million) including debt, to strengthen its position as a supplier to aeroplane manufacturers. GKN, histori

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NMC Health to invest in Saudi, Qatar for Gulf expansion

NMC Health, the London-listed and UAE-based healthcare provider, plans to invest in Saudi Arabia and Qatar part of the $325 million which it has available for acquisitions, a senior company official said on Tuesday. The company se

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Abu Dhabi Islamic eyes Asia, Mena acquisitions

Abu Dhabi Islamic Bank (ADIB), which recently failed in its bid for Citigroup's Egypt retail business, is targeting acquisitions in 2016 in Asia, the Middle East, and North Africa, its chief executive said. Tirad Al Mahmoud sa

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Motorsport.com expands footprint into Mena region

Motorsport.com has acquired Formulawahad.com, a leading provider of online motorsports news and content that covers 22 countries within the Middle East and North Africa (Mena) region. The announcement expands Motorsport.com's

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Motorsport.com expands footprint into Mena region

Motorsport.com has acquired Formulawahad.com, a leading provider of online motorsports news and content that covers 22 countries within the Middle East and North Africa (Mena) region. The announcement expands Motorsport.com's

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Ingram Micro acquires Saudi technology solutions distributor

Ingram Micro, a leading technology distributors and supply-chain service provider, has completed the acquisition of the business assets of Arabian Applied Technology, the largest value-added technology distributor in Saudi Arabia.

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Ingram Micro acquires Saudi technology solutions distributor

Ingram Micro, a leading technology distributors and supply-chain service provider, has completed the acquisition of the business assets of Arabian Applied Technology, the largest value-added technology distributor in Saudi Arabia.

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NMC Health buys UAE care giver for $160m

Abu Dhabi-based NMC Health, a leading private healthcare provider, will acquire 100 per cent of the share capital of ProVita International Medical Center, a top long-term medical care provider in the UAE, for $160.6 million. The a

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