Announced

Completed

Al Arabi Investment Group completed the acquisition of a minority stake in CsMena.

Synopsis

Al Arabi Investment Group, the investment banking arm of Arab Bank, completed the aquisition of a minority stake in CsMena, a provider of business process outsourcing services. Financial terms were not disclosed. This transaction marks a strategic step toward expanding Jordan’s role in the global outsourcing landscape. Additionally, it supports ERA and USAID's initiative to prioritise and implement economic reforms in Jordan.

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MergerLinks - Al Arabi Investment Group completed the acquisition of a minority stake in CsMena.