05 Nov 2012
(MENAFN) Mena Sohar 1 SPV, an investment holding company of the MENA Infrastructure Fund, will buy 20 percent of Oman’s Sohar Power’s total share capital, reported Times of Oman.
According to a stock market filing, Mena Sohar will acquire the share from 3 of the firm’s original shareholders, including WJ Towell, Zubair Corporation and Kahrabel.
The filing said that Kahrabel (a GDF SUEZ group firm) would still have a 35-percent stake in the company.
It is worth noting that the existing business of Sohar will not be affected as a result of the deal.
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more