Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, today announced the completion of its acquisition of 100% of the share capital of National Taxi, following receipt of all required regulatory approvals.
Dubai Residential REIT, the GCC’s largest real estate investment trust, has announced the successful acquisition of 220 townhouses at Jebel Ali Village for AED894 million ($243 million) and their addition to its investment portfolio. The cluster comprises a mix of three- and four-bedroom units in a family-oriented community.
The Middle East recorded sustained merger and acquisition (M&A) activity in the first quarter with 196 deals valued at $23.3 billion being announced compared to 207 deals worth $31.3 billion last year. UAE accounted for 33 transactions valued at $2.2 billion, down from 52 deals in Q1 2025, said a report.
Emirates NBD Bank and RBL Bank Limited today announced the successful completion of Emirates NBD’s acquisition of a majority stake in RBL Bank through a primary infusion of approximately $2.75 billion (~INR 260 billion).
BlueFive Capital, a global alternative investment platform, has announced it has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (Taqa). Following the deal, Solutions+, a UAE-based consulting company, will retain the remaining 51% ownership stake.
Travel Counsellors, one of UK’s top technology platforms for travel entrepreneurs, said it has inked a deal for the strategic acquisition of Canadian group - The Travel Agent Next Door - thus creating a transatlantic leader in the travel operator market.
