Modon Holding P.S.C announced today that it has entered into a definitive agreement with IHC and TasHeel Holding for the acquisition of Theta Bidco Limited, the 100% owner of Arena Events Group, a global leader in large-scale temporary infrastructure and integrated event solutions.
Arena has been a key player in providing infrastructure solutions for some of the world’s most high-profile sporting and entertainment events
Modon Holding P.S.C announced today that it has entered into a definitive agreement with IHC and TasHeel Holding for the acquisition of Theta Bidco Limited, the 100% owner of Arena Events Group , a global leader in large-scale temporary infrastructure and integrated event solutions.
Arena has been a key player in providing infrastructure solutions for some of the world’s most high-profile sporting and entertainment events. The company has contributed essential services and infrastructure support to a diverse range of major international events, including the 2024 Paris Olympic Games, Formula 1 races in Abu Dhabi, Jeddah, Las Vegas, Miami, and Austin,
Wimbledon and the annual Cinch Championships at Queen’s Club, London, The T20 Cricket World Cup in New York, where it set up a modular stadium.
With this acquisition, Modon Holding strengthens its position in the global event infrastructure market, leveraging Arena's expertise and international reach to further expand its capabilities in delivering large-scale, high-impact event solutions.
The United Arab Emirates has welcomed the signing of the peace agreement between the Democratic Republic of the Congo (DRC) and the Republic of Rwanda, describing it as a pivotal step toward restoring peace, security, and stability across Africa.
The Egyptian government has successfully completed its second sovereign sukuk issuance, valued at $1 billion, as part of its broader strategy to diversify financing tools and investor bases.
Many airline services remain disrupted in the Middle East arising from the 12-day air war between Iran and Israel that ended with a U.S.-brokered ceasefire that took hold on Tuesday.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.