AlQamzi Developments has unveiled its strategic expansion plan in the Egyptian market, saying that it will inject investments worth EGP14bn in the span of four years. Yasser Zidan the Egyptian partner and executive chairman of AlQamzi Developments said: “The company has already started the implementation of its expansion strategy in the Egyptian market. It is […]
GluCare.Health, a hybrid digital therapeutics company focused on diabetes, have signed a partnership agreement to launch a value-based weight management pilot with Danish multinational pharmaceutical company, Novo Nordisk. Set to begin in September 2022, the
e& enterprise, part of e& (formerly known as Etisalat Group), and Hub71, Abu Dhabi’s global tech ecosystem, have entered into a definitive agreement to launch the region’s first AI Centre of
Siemens Energy and Egyptian Electricity Transmission Company have entered into a long-term partnership for the expansion of Suez transformer station. The project cost is approximately EGP 37 million (EUR 1.87 million) + EUR 6 million as a discount
Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company have entered into binding agreements for TAQA and ADNOC to purchase stakes in Abu Dhabi Future Energy Company (Masdar)
Turkish pharmaceuticals company Birgi Mefar Group (BMG) has entered into a definitive acquisition agreement with ADQ, an Abu Dhabi- based investment and holding company. BMG is one of Turkey’s leading producers of sterile injectable
Tanmeyah for Microfinance Services (‘’Tanmeyah”), a wholly-owned subsidiary of EFG Hermes Holding, has successfully completed the acquisition of Fatura Netherlands (“Fatura”). Fatura is a tech-driven Business-to-Business (B2B) platform with a regional footprint
Etihad Rail, the developer and operator of the UAE national railway network, has signed a AED1.2 billion (USD327 million) agreement with CAF Group, a Spanish rail manufacturer, for designing, manufacturing, supplying, and maintaining passenger trains
Ride-hailing company Careem has acquired UAE subscription-based food delivery company Munch:On as it expands food offerings on its multi-services platform. Following the acquisition, Munch:On will stop daily operations and its services
Jadwa Investment (“Jadwa”), an investment management and advisory firm in the Middle East with SAR 66.4 billion in client assets under management and advisement., enters into its first regional venture capital investment through Jadwa E-Commerce Opportunities
