Tags : Chaya Gupta

Deal & transactions Oil & Gas Saudi Arabia United Arab Emirates

TAQA acquires Al Mansoori Petroleum Services. The advisors 

Industrialization and Energy Services Company (“TAQA”) and the shareholders of Al Mansoori Petroleum Services LLC (“AMPS”) have announced today that they have entered into a definitive agreement for TAQA to acquire 100% of AMPS, expanding TAQA’s Well Services business from Saudi Arabia to the wider Middle East and North Africa (“MENA”) region.   The transaction […]

Deal & transactions Fashion, Luxury & Design United Arab Emirates

Noon to acquire Emaar’s fashion venture Namshi for AED 1.23B

Emaar Malls Management (“Emaar Malls”) has entered into a definitive share purchase agreement with Noon, an e-commerce company backed by Dubai billionaire Mohamed Alabbar and Saudi Arabian sovereign fund the Public Investment Fund (“PIF”), to sell 100% of its stake in online fashion retailer Namshi Holding Limited (“Namshi”) for an agreed amount of AED 1.23 billion (USD335.2 […]