IHC to acquire 41 5% stake in Indias Sammaan Capital for Dh3.6 billion

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The platform is underpinned by recurring, subscription-based revenues, high customer retention, and strong scalability, positioning it as foundational digital infrastructure for the next generation of digital-first businesses. The platform enables efficient management of activities including bill payments, payroll, business travel, invoicing, corporate cards, compliance services, and a wide range of operational workflows. Peko is an all-in-one digital platform purpose-built to help businesses streamline financial operations and essential administrative processes through a single, intuitive interface. Syed Basar Shueb, CEO of IHC, said the acquisition represents an important step in the group’s long-term strategy to grow its presence in India’s financial services sector, highlighting opportunities to enhance capabilities, including through the adoption of artificial intelligence.

Meanwhile in Dubai, Dubai Police volunteers stepped in to support residents across neighbourhoods during the recent heavy rains, returning 279 lost vehicle number plates and helping recover 30 stranded cars from flooded areas. Defence planners increasingly view the island as a decisive pressure point if tanker traffic through Hormuz remains constrained — a step that could remove 1.5 to 2 million barrels per day of Iranian exports from global markets almost overnight. With IHC’s scale, long-term perspective, and strategic support, we are well positioned to accelerate innovation, expand into new markets, and deliver greater value to SMEs worldwide.” The acquisition aligns with IHC’s strategy of investing in category-defining platforms with strong governance, clear paths to scale, and the ability to generate long-term, sustainable value across global markets. Through its modular, platform-as-a-service model, Peko addresses the growing demand among SMEs and mid-market companies for seamless, automated infrastructure that replaces fragmented legacy systems. The investment is expected to strengthen Sammaan Capital’s balance sheet, support its next phase of growth, and enhance its ability to deliver innovative lending solutions across underserved segments.

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The Orcas would not disclose the size of the stake in Brave, but a source close to the deal said it was in the region of 7-10%. Indian multinational conglomerate GMR bought Hampshire, a host county in The Hundred, for £120m in 2024, and paid £98m for the remaining 49% stake in Brave last year. The Orcas, who play in USA’s Major League Cricket, have acquired a minority stake in Southern Brave as part of a strategic partnership with GMR Group finalised earlier this year. Southern Brave have won The Hundred in both the women’s (2023) and men’s (2021) game In her spare time, you will find her playing classical guitar, painting amateur oil paintings, or crocheting the same old scarf that leads nowhere.

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Abu Dhabi-based International Holding Company has announced it has received “all requisite regulatory approvals” to acquire a majority stake in Sammaan Capital, an Indian private housing finance company, for a total transaction value of Dh3.6 billion. Sign up or log in to your account to leave comments and reactions The process of logging in to the Stake app is even faster than on the platform and will definitely not cause you any difficulties. The entire Stake range is now available for you to choose your favorite sport and place your bet now! The login process is very simple and will not take up much of your time. Once you have successfully registered on the Stake platform, all you need to do is log in to gain access to the system.

The British took it to other countries, becoming popular in South Asia, the Caribbean, and Australia. Cricket started in 16th-century England as a simple village game. 例句：The lawyer cite a previous case to support his argument.

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