Itqan Investments buys Byrne Group in $272m dealDubai-based Itqan Investments together with Tamar VPower Energy Fund and CITIC Pacific has acquired Byrne Equipment Rental in a deal valued at approximately Dh1 billion ($272 million). Byrne Equipment Rental, one of the top More… |
Citic-Carlyle eye $3bn McDonald’s China dealA team led by Chinese conglomerate Citic Group and US-based private equity house Carlyle has emerged as the final global group to buy McDonald’s China franchise in a deal that could fetch nearly $3 billion. TPG Capital and B More… |
Mobily urges customers to update fingerprint dataSaudi-based telecom services operator Mobily has called upon all prepaid customers to update their fingerprint records at its various branches in the kingdom. The move is in line with the directives of Communications and Informati More… |
Bahrain EDB hosts Chinese investorsBahrain’s Economic Development Board (EDB) is hosting leading Chinese corporation, Citic Group, this week to introduce the kingdom's business environment and investment opportunities. The visit includes a series of busin More… |