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DAMAC Acquisition Raises Concerns Over Minority Shareholders

DAMAC Acquisition Raises Concerns Over Minority Shareholders

By Mohamed Rashed

Acquisition Likely to Happen:Makhzoumi, CEO of Prime Strategic Consulting Group, expects DAMAC’s acquisition by Hussain Sajwani to go through because Sajwani already owns 72.2% of the company. This majority makes it easy to approve the offer, even if minority shareholders disagree.

Acquisition Likely to Happen:Makhzoumi, CEO of Prime Strategic Consulting Group, expects DAMAC’s acquisition by Hussain Sajwani to go through because Sajwani already owns 72.2% of the company. This majority makes it easy to approve the offer, even if minority shareholders disagree.

By Mohamed Rashed

Experts Raise Concerns Over DAMAC Acquisition Despite Legal Process

Experts Raise Concerns Over DAMAC Acquisition Despite Legal Process

By Mohamed Rashed

DAMAC Response to Sajwani Buyout Fails to Reassure Investors

DAMAC Response to Sajwani Buyout Fails to Reassure Investors

By Mohamed Rashed

Majid Al Futtaim, Founder of UAE Retail Giant MAF, Dies

Majid Al Futtaim, Founder of UAE Retail Giant MAF, Dies

By Mohamed Rashed

Wealth of Billionaires With Arab Origins Rises 9% in 2022

Wealth of Billionaires With Arab Origins Rises 9% in 2022

By Mohamed Rashed

From Billionaire to Bankruptcy: The Rise and Fall of Khalifa Al Muhairi

From Billionaire to Bankruptcy: The Rise and Fall of Khalifa Al Muhairi

By Mohamed Rashed

rince Alwaleed Bin Talal Alsaud has topped the World’s Richest Arabs 2025 list, ranking 128th globally in the Forbes Billionaires List with a total net worth of $16.5 billion.

rince Alwaleed Bin Talal Alsaud has topped the World’s Richest Arabs 2025 list, ranking 128th globally in the Forbes Billionaires List with a total net worth of $16.5 billion.

By Mohamed Rashed

Mohamed Alabbar: The Visionary Driving Emaar and the Region’s Real Estate Evolution

Mohamed Alabbar: The Visionary Driving Emaar and the Region’s Real Estate Evolution

By Mohamed Rashed

Yousef Abdullah Al Shelash: The Visionary Behind Dar Al Arkan

Yousef Abdullah Al Shelash: The Visionary Behind Dar Al Arkan

By Mohamed Rashed

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