Green Corp has announced the acquisition of Emad Bakeries, a prominent industrial bakery based in Jeddah, in a strategic move aimed at bolstering its foothold in the Saudi food processing sector. This acquisition marks a significant step forward for Green Corp’s vision of establishing a unified GCC platform spanning the entire food value chain. Emad […]
Deal & transactions
Education
Saudi Arabia
Al Khaleej Training Acquires Adhwa’a Al-Hidaya Schools Stake
Al Khaleej Training and Education Company has formally announced the signing of a significant share purchase agreement aimed at acquiring controlling stakes in Adhwa’a Al-Hidaya Private Schools Company for Boys and Girls, a closed
Healthcare, Pharma & Life Sciences
IPOs
Saudi Arabia
Dr. Soliman Abdul Kader Fakeeh Hospital IPO Cleared by CMA
The Capital Market Authority (CMA) has granted its approval for the registration and initial public offering (IPO) of shares of Dr. Soliman Abdul Kader Fakeeh Hospital Company. This decision, made by the CMA Board on 17/09/1445
Corporate
Healthcare, Pharma & Life Sciences
United Arab Emirates
ADQ Launches Arcera: Driving Healthcare Evolution
ADQ, the prominent Abu Dhabi-based investment and holding company, has introduced Arcera, a new global holding company headquartered in Abu Dhabi, UAE, dedicated to the life sciences sector. Arcera aims to pioneer advancements in healthcare,
Banking & Finance
Deal & transactions
TMT
United Arab Emirates
FAB & Microsoft Join Forces for Next-Gen Financial Services
First Abu Dhabi Bank (FAB) and Microsoft have unveiled a strategic partnership aimed at developing cutting-edge AI-based banking capabilities. The collaboration, formalized through a partnership agreement signed today, marks the convergence of the UAE’s
Hafez & Partners has elevated associate Omar Saad (pictured) to the position of Counsel, effective January 1st, 2024. This elevation underscores the firm’s deep appreciation for Saad’s exceptional skills and expertise in advising both
In a tumultuous economic landscape marked by geopolitical tensions and oil production cuts, PwC’s latest ‘Middle Economy Watch – April 2024’ report has offered illuminating insights into the resilience of the Middle East economy. Despite facing
HFW, a specialized international law firm, provided counsel to Al Seer Marine and BGN on the financing arrangements for the construction of three Very Large Gas Carriers (VLGCs) in Korea and Japan. The AED863 million
Global law firm Norton Rose Fulbright is expanding its Projects practice in Dubai with the appointment of a new partner Prakruthi Gowda. Prakruthi is a highly experienced professional who has worked on numerous energy and
International law firm, Dentons has provided legal counsel to Overseas Development Holding Company, a Bahrain-based entity and part of the GES Group, in the strategic sale of a significant majority stake in Overseas Development Company
