The company’s owned and managed fleet now consists of approximately 650 aircraft on lease to 161 airlines across 74 countries
acquisition
Agthia solidifies position as water segment leader with Riviere acquisition
Move expected to triple customer base and strengthen Agthia’s operations with 3 bottling facilities and a fleet of 160 delivery trucks
TAQA acquires TI, UK’s leading energy and utility investment platform
Transmission Investment is one of the largest players in the UK’s offshore electricity transmission market with 11 OFTO assets
Goldman Sachs Alternatives acquires majority stake in UAE HR firm PeopleStrong
The acquisition underscores the company’s ambitious growth strategy in the GCC region
Al Ansari Financial Services acquires BFC in $200mn deal
The acquisition makes Al Ansari Financial Services the largest non-banking financial institution in the GCC region in terms of its branch network.
Abu Dhabi’s Masdar concludes 100% acquisition of Terna Energy
The UAE clean energy company had earlier acquired 70% stake in the Greek company; Move to provide significant capital investment in EU countries
Prada Group to acquire Versace in a $1.375 billion cash deal
Versace to maintain its creative DNA and cultural authenticity, while benefitting from the full strength of Prada’s consolidated platform
Google inks its biggest acquisition with $32bn deal for cloud security firm Wiz
The all-cash deal helps Google Cloud accelerate two large and growing trends in AI era – improved cloud security and the use of multiple clouds
Hassana acquires 40% stake in Saudi bottled water giant Berain
The strategic transaction marks the beginning of a long-term partnership between Rajhi-Invest and Hassana
GULFNAV shareholders approve Brooge Energy asset buyout in AED3.3bn deal
The acquisition includes Brooge Petroleum and Gas Investment Company FZE, Brooge Petroleum and Gas Investment Company Phase III FZE, and BPGIC Phase 3 Limited
talabat acquires online grocery platform InstaShop in $32mn deal
InstaShop is now a wholly owned subsidiary of talabat and will be consolidated into its financial accounts from February 25, 2025
ACWA Power expands in Gulf with $693mn deal for Bahrain, Kuwait assets
Under the terms of the agreement, ACWA Power will acquire ENGIE’s shares in the four key operating assets
Agthia increases its stake in Egyptian healthy snacks company to 80%
Abu Auf has opened more than 100 stores and increased EBITDA by over 70% in AED terms over the past two years
Burjeel plans oncology network with majority acquisition of ACOC
Abu Dhabi-based healthcare company purchases 80% stake in the Dubai-based Advanced Care Oncology Center for $25mn
Modon Holding to acquire temporary infrastructure giant Arena
Financial details not disclosed; Transaction to be completed by Q1 2025; Facilitates Modon’s entry into North American market
Abu Dhabi’s Lunate to acquire minority stake in ADNOC Gas Pipelines from Snam
The stake acquisition deal will be made through Lunate’s Long-Term Capital Fund I
Americana Restaurants announces Oman expansion with Pizza Hut acquisition
The deal includes 46 Pizza Hut restaurants, generating an annual revenue of approximately $11 million in 2024