Oil & Gas UK’s Wood Group meets Sidara takeover condition British oil services company John Wood Group has met a major condition for a takeover by UAE engineering and design company Sidara by releasing its half-year financial results on deadline. Sidara earlier this year offered £216 million ($292 million) to acquire Wood Group and committed funds to support the British company’s growth. The deal was, however, conditional […] October 31, 2025
Finance IPOs on horizon for Saudi startups as VC funding tops $1bn Saudi startups attracted record funding in the first nine months of 2025, intensifying speculation about mergers and initial public offerings. Between January and September more than 170 deals raised a combined $1.3 billion, breaking the billion-dollar barrier for the first time. About $466 million was raised in the third quarter alone, the highest of any […] October 29, 2025
