GWC signs MoU for acquisition of Aero Chem Logistics

GWC signs MoU for acquisition of Aero Chem Logistics

Qatar’s leading logistics provider GWC announced the signing of an MoU for the acquisition of Aero Chem Logistics and their strategically located, 22,000 sqm Chemical Storage Facility in Ras Laffan Industrial City ...

QInvest advises QTerminals on its acquisition of Akdeniz Port in Turkey

QInvest advises QTerminals on its acquisition of Akdeniz Port in Turkey

Leading investment bank QInvest has advised Qatari port operator, QTerminals, on a sale and purchase agreement for the acquisition of a 99.99% stake in Turkey’s Akdeniz Port from Global Ports Holding (GPH) ...

QTerminals buys 99.99% equity stake in Turkey’s Port Akdeniz

QTerminals buys 99.99% equity stake in Turkey’s Port Akdeniz

QTerminals, a joint venture between Mwani Qatar and Milaha, is acquiring a strategic 99.99% equity stake in Turkey’s Port Akdeniz, Antalaya, for an enterprise value of $140mn.

Qatar First Bank completes $41mn acquisition of a Texas property

Qatar First Bank completes $41mn acquisition of a Texas property

Qatar First Bank (QFB) has completed a $41mn acquisition of Varsity Brands, a three story, 135,0000 square foot building in Texas, USA, “adding another income-generating real estate asset to its portfolio of investments.”

With eye on China, Germany shields strategic firms against takeovers

With eye on China, Germany shields strategic firms against takeovers

Germany toughened rules Wednesday for non-EU share purchases or acquisitions of companies that are part of its critical infrastructure, amid growing disquiet about takeovers by Chinese firms.

Ethiopian Airlines in talks for stake in Eritrean Airlines

Ethiopian Airlines in talks for stake in Eritrean Airlines

The Ethiopian carrier's chief executive travelled to Asmara on Wednesday on the first commercial flight from Ethiopia to Eritrea in 20 years.

Trump blocks Broadcom's bid to buy Qualcomm

Trump blocks Broadcom's bid to buy Qualcomm

Donald Trump issued an order barring the proposed mega-acquisition, saying there is credible evidence such a deal "threatens to impair the national security of the United States," according to a White House statement.

Qatar Airways acquires 9.61% stake in Cathay Pacific

Qatar Airways acquires 9.61% stake in Cathay Pacific

Hong Kong's Kingboard Chemical Holdings said it had sold the stake to Qatar Airways for HK$5.16bn ($661mn), making the Middle Eastern carrier the third-largest shareholder in Cathay.

LinkedIn membership reaches half a billion

LinkedIn membership reaches half a billion

The professional social network LinkedIn said on Monday its membership had swelled to 500mn, as its user base showed steady growth following its acquisition last year by Microsoft.

Acquisition spree to continue, says Sunac

Acquisition spree to continue, says Sunac

Sunac China Holdings, which ranks among China’s most active real estate buyers this year, is in talks to acquire more ...