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FINANCIAL NEWS
UAE’s Aabar to buy 28.9 percent stake in Arabtec
17 Jul 2014
(MENAFN) Aabar Investments plans to buy 28.9 percent stake in Arabtec Holding, and is holding negotiations with the latter about the purchase, according to Arabian Business.
The stake will be purchased from the construction company’s former chief executive officer, making Aabar the company’s largest shareholder.
The two parties are holding talks on the purchase price which is expected to reach USD1.36-1.63 per share held by Hasan Ismaik.
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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
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