3 Hrs
Source:
البلاد
Nuubay buys 65% of Noon
Arcapita announced that its subsidiary, Nubay, has entered into an agreement to acquire a controlling 65% stake in Noon Payments, in a deal announced on the sidelines of the 2026 Gulf Gateway Investment Forum. Upon completion, Nubay will expand its operations from the UAE into Saudi Arabia and Egypt, strengthening its regional payments services platform. Completion of the transaction is subject to customary conditions and regulatory and competition authority approvals.
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