Here are the details on five of the top deals.
Amanat Holdings acquires a majority stake in Sukoon through a merger with CMRC
In April 2023, Dubai’s Amanat Holdings completed a majority stake acquisition in Saudi Arabia’s Sukoon International Holding Company through a strategic merger with the Cambridge Medical & Rehabilitation Center. This merger, executed through a non-cash share swap, forms the largest pan-GCC postacute care provider, with an operational capacity of 400 beds, and plans to expand to 1,000 beds within three years. Amanat Holdings owns nearly an 85% stake in the new entity. The company’s new healthcare platform, Amanat Healthcare, unifies the company’s portfolio of top-tier healthcare assets into one single entity.
G42 Healthcare merges with Mubadala Health to create M42
هذه القصة مأخوذة من طبعة Sep 2024 من Forbes Middle East - English.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة Sep 2024 من Forbes Middle East - English.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Celebrating Emirati Businesswomen and Entrepreneurs on Emirati Women's Day
As part of the U.A.E.’s annual Emirati Women’s Day celebrations, the Abu Dhabi Business Women Council and the Abu Dhabi Chamber hosted an event on August 28, 2024, under the theme “We Collaborate for Tomorrow,” celebrating the role and achievements of Emirati women.
SCOUTING FOR OPPORTUNITIES
Ayman Cheikh-Lahlou, Chairman and CEO of the Morocco-based Cooper Pharma, took the helm of the family-owned pharmaceutical company in 2005 and has seen business boom over nearly 20 years. Now, he’s exploring expansion opportunities in new markets.
Supercharging AI
Armed with a newly raised 640 million, GROQ thinks it can challenge one of the world’s most valuable companies with a purpose-built chip designed for Al from scratch.
How Technology is Accelerating Digital Equality in Diverse Markets
The rise of smartphones and digital technologies has transformed our daily lives, contributing to the evolution of connected consumers.
GLOBAL MEETS LOCAL 2024
International companies play a crucial role in MENA, significantly impacting its economic, technological, and social landscapes.
MONEY MATTERS
Talal AI Ajmi, Founder and CEO of Kuwait-based online broker VI Markets, believes education is key to helping clients understand financial markets before they begin trading. Having found ways to target women and the youth, he's now looking at new ways to increase awareness and access to markets.
THE MIDDLE EAST'S TOP CEOs 2024
Our fourth annual list of the top 100 CEOs in the Middle East features many leaders whose influence extends far beyond normal business parameters.
NEW OLD GUARD
Obaid Alrasheed, Managing Director and CEO of Saudi's arab national bank, has been with the organization for his entire 35-year career, yet only took the helm three years ago. As he sees profits soar, he's looking forward to the future.
Millionaires Seek New Shores: UAE 2024's Top Destination for Wealth
The tides of wealth are shifting, and in 2024, one destination has emerged as the top magnet for high-net-worth individuals for the third year in a row: the U.A.E.
10 CEOs Leading the Biggest Arab Companies in the World
Forbes' Global 2000 2024 features 41 companies from Arab countries, with Saudi Arabia and the U.A.E. taking the lead with 16 and 12 companies each, respectively. Meet the executives behind the largest 10 listed Arab companies in the world.
