Amanat gets go ahead for VPS Healthcare buy

Dubai: Amanat Holdings, which has interests in healthcare and education, is to acquire a stake in the Middle East operations of VPS Healthcare. A “special steering committee” has been set up to consider the deal and finalize the terms of the agreement. In a filing with Dubai Financial Market, Amanat said the committee will appoint […]

Mubadala-backed Alcazar weighs sale of Egypt, Jordan assets

Alcazar Energy Ltd, backed by Abu Dhabi’s Mubadala Investment, is preparing the sale of some of their solar and wind assets in Egypt and Jordan, people with knowledge of the matter said. The renewable-energy developer is in talks with banks on the sale, which may fetch at least $500 million (Dh1.83 billion), the people said, […]