acquisition
ADNOC acquires half of Total Energy fuel stations in Egypt
Business
February 15, 2023
ADNOC acquires half of Total Energy fuel stations in Egypt
The Emirati ADNOC Distribution has completed procedures for acquiring half of the Total Energy fuel stations in Egypt, as part…
Abu Dhabi Ports acquires 70% of two Egyptian companies at $140 mln
Business
July 1, 2022
Abu Dhabi Ports acquires 70% of two Egyptian companies at $140 mln
Abu Dhabi Ports Group announced that it reached an agreement to acquire 70 percent of the shares of the International…
Nassef Sawiris to approve US$4.7 bn takeover of Signature Aviation
Business
February 23, 2021
Nassef Sawiris to approve US$4.7 bn takeover of Signature Aviation
Business tycoon and Egypt’s wealthiest person Nassef Sawiris is reportedly backing a US$4.7 billion takeover offer for his share in…
Uber considers buying Careem: sources
Egypt
September 18, 2018
Uber considers buying Careem: sources
Uber, the company behind the world’s most-used ride-sharing app, is considering acquiring its biggest competitor in the Middle-East, Careem,…
Amazon completes acquisition of e-commerce firm Souq.com
Business
July 4, 2017
Amazon completes acquisition of e-commerce firm Souq.com
The Dubai-based online retailer Souq.com announced on Monday that its sale to e-commerce giant Amazon has been completed. The $650…