Abu Dhabi–based Agthia Group acquires majority stakes in Egyptian meat producer

The Board of Directors of Abu Dhabi-based Agthia Group, a company operating in food and beverages, has approved the acquisition of majority stakes in Ismailia Investments, an Egyptian producer of frozen processed chicken and beef products, Zawya reports. The board Read more

Saudi Sports Company wins exclusive rights to broadcast Asian Football Confederation tournaments

Saudi Sports Company, Saudi Arabia’s media company signed a three-year contract with Asian Football Confederation to get the exclusive media rights for the confederation’s competitions between 2021 and 2024. The company will broadcast in the kingdom, all major AFC national Read more

Qatar poised to recruit Tunisian man-power for FIFA World Cup 2022

Qatar Sunday expressed willingness to tap into Tunisia’s know-how and manpower as it hosts next year’s FIFA World Cup. Sheikh Khalid bin Khalifa bin Abdul Aziz al-Thani, Prime Minister of the Gulf country, reports say, held a telephone conversation with Read more

Abu-Dhabi’s ADQ acquires Egypt-based Amoun Pharmaceutical Co. from Bausch Health Cos.

Abu Dhabi’s third investment fund, ADQ, has acquired for $740 million Egypt-based Amoun Pharmaceutical Co. controlled by Canada-based Bausch Health Companies Inc. Bausch Health Companies Inc. in a statement Wednesday said it reached a deal with ADQ to relinquish its Read more