RIZ & MONA Consultancy, a prominent provider of corporate services, has officially announced its acquisition of IBGME, which is recognized for its expertise in corporate structuring and UAE company formation. This strategic acquisition is set to strengthen RIZ & MONA’s position within the business setup industry, enhancing its offerings in UAE company formation, offshore incorporations,...
Gulf Navigation Holding PJSC (“GULFNAV”), a maritime and shipping company listed on the Dubai Financial Market, announced that its shareholders have approved the strategic acquisition of assets and companies owned by Brooge Energy Limited (“BEL”) for AED 3.2 billion. This decision was made during the General Assembly Meeting held on March 13, 2025. The acquisition...
UAE-based delivery service talabat has finalized its acquisition of the grocery platform Instashop from its German parent company, Delivery Hero, for $32 million. This strategic move aims to enhance talabat’s grocery and retail portfolio across the Emirates and Egypt. The sale, first announced in September 2024, was funded entirely through talabat’s internal cash reserves. With...
Bahrain-based Investcorp has successfully acquired two industrial portfolios located in Minneapolis and Baltimore. The transaction, valued at more than $335 million, reflects the firm’s ongoing strategy in the US real estate market. The portfolios consist of a total of 27 properties, encompassing 2.7 million square feet of space. Investcorp, recognized as the largest alternative investment...
Niantic, the U.S. company that made Pokémon Go, is allegedly in talks to sell its video game business to a division of Savvy Games Group, which is a branch of Saudi Arabia’s Public Investment Fund (PIF). The planned $3.5 billion deal could be completed in the next few weeks, according to Bloomberg report. The deal...
Abu Dhabi-listed Investcorp Capital has significantly increased its real estate asset base in the United States by acquiring four new student housing properties for a total transaction value exceeding $300 million. This move marks a strategic expansion into the US housing market. According to Zawya, the newly acquired assets are located in Texas and Oklahoma,...
InCred Group, a diversified financial services firm, has announced its acquisition of Arrow Capital (DIFC) Limited, a prominent boutique financial services provider based in Dubai. This acquisition, revealed on February 17, 2025, is a strategic move aimed at enhancing InCred’s global capabilities in wealth management, investment banking, and asset management. Arrow Capital, established in 2016...
Gecko Robotics is set to double its workforce and robot deployment in the UAE, aiming for a total of 40 to 50 employees and robots, according to CEO Jake Loosararian in an interview with Semafor. The Pittsburgh-based company, which specializes in developing devices and software for inspecting and maintaining critical infrastructure, has recently been valued...
UAE’s tech and telecommunications group e& is making strides in Europe with its latest acquisition of a Serbian cable TV and internet services provider, valued at 825 million euros. This move is part of e&’s strategy to expand its presence in the region. The acquisition will be managed by e& PPF Telecom Group BV, a...
Capital Haus, a prominent global financial concierge service, has announced its acquisition of Grow Your Wealth, a firm specializing in investment advisory, retirement savings, and taxation services. This strategic move enhances Capital Haus’s position in the private wealth sector, adding an additional $150 million in funds under management (FUM) and reinforcing its commitment to delivering...