Abu Dhabi's sovereign investor, ADQ, has solidified its position in the logistics sector by acquiring a majority stake in ...
Apple has ceased offering its Advanced Data Protection feature to UK users, following demands from the British government for access to encrypted iCloud data. This decision means that iCloud backups ...
ADQ subsidiary Q Logistics had made a voluntary conditional cash offer to acquire up to 100% of the issued and paid-up share ...
Dubai: Abu Dhabi’s Q’s Logistics has reached a milestone in its takeover plans for DFM-listed Aramex. As of now, its ...
GameStop Corp. has unveiled plans to raise $1.3 billion through a private offering of 0.00% Convertible Senior Notes due in 2030, with intentions to utilize the proceeds for general corporate purposes ...
Arabian Gulf Business Insight on MSN19d
DP World raises 2025 capex to develop global assets
Dubai-headquartered DP World intends to increase its capital expenditure this year to upgrade its global assets despite geopolitical challenges. DP World’s Capex reached $2.2 billion in 2024 compared ...
Abu Dhabi sovereign wealth fund ADQ on Tuesday said it now owns a 58% stake in logistics firm Aramex after completing a tender offer. In January, Q Logistics said it wanted to acquire up to 100% of ...
Abu Dhabi’s sovereign wealth fund, ADQ, has acquired a 58% majority stake in Dubai-based logistics firm Aramex after completing a tender offer. This includes a 35.31% stake purchased through its ...
Abu Dhabi's sovereign investor, ADQ, has announced the successful completion of a tender offer, resulting in its acquisition of a 58 per cent stake in logistics firm Aramex. This strategic move ...
ADQ through Q Logistics thus creates a UAE-based logistics powerhouse The deal for Aramex is done. Things moved fast after ADQ through Q Logistics put up the offer to acquire majority stake in Aramex.
ADQ’s shareholding includes acceptances for 35.31% of shares in the successful tender offer, which closed on 10 March 2025, and 22.69% of shares owned by AD Ports Group Aramex will sit within ADQ’s ...