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ADQ buys leading Turkish pharmaceutical firm BMG

  Abu Dhabi / Gulf Time ADQ, an Abu Dhabi-based investment and holding company, on Monday announced it has entered into a definitive agreement to acquire Birgi Mefar Group (BMG), one of Turkey’s leading producers of sterile injectable products.­ As a full-service pharmaceutical CDMO, BMG is a production service provider for sterile injectable products, namely vials and pre-filled syringes used ...

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Borouge included in FTSE Global Equity Index Series

  Abu Dhabi / WAM Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, has been included in FTSE Russell’s FTSE Global Equity Index Series which includes three world-renowned indices – FTSE Emerging Index, FTSE Global Large Cap Index and FTSE All-World Index – as of June 10. FTSE Russell’s indices are used by investors globally to ...

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Tenders worth $6 billion awarded in Kuwait in ’21

  Kuwait/ WAM The Central Agency for Public Tenders of Kuwait (CAPT) has stated that the agency awarded 235 tenders worth $5.9 billion in 2021. Secretary-General of CAPT Usama Al-Duaij told Kuna that number of awarded tenders has been mounting on an annual basis, however, the total sum of offers reached, in 2020, only 98 ones, worth approx $1 billion, ...

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