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Yahoo Acquires Arab Online Community Maktoob
In an effort to grow its international presence, Yahoo on Tuesday announced plans to acquire Maktoob.com, an online community with a large presence in the Arab world. Initially, Yahoo will introduce Arabic versions of Yahoo Mail, Messenger, Search, and the Yahoo.com homepage. The service will include an Arabic interface with...
Tags: Yahoo! Inc.
News items 2009-08-25
Lafarge Acquires Orascom Cement, the Leading Cement Group in the Middle East and the Mediterranean Basin
A Decisive Acceleration in Fast-Growing, Highly Profitable Emerging Markets PARIS -- The Board of Directors of Lafarge, chaired by Bruno Lafont, met on December 9, 2007 and approved the acquisition by Lafarge of Orascom Construction Industries Cement Group ("Orascom Cement") and the principle of board representation for Groupe Bruxelles...
Tags: Lafarge S.A.
Research articles 2007-12-10
Yahoo Acquiring Arab Portal Maktoob After All
Last month we got a tip that Yahoo (NSDQ: YHOO) was in final stages of buying onlien of the largest Arab online portals Maktoob, for about $75 million. This was right when the MSFT-Yaho deal was announced, and we tried kicking the tires on it, and finally gave up...
Tags: Yahoo! Inc., Portals, Web Technology, Internet, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Yahoo, Rafat Ali
External links 2009-08-25
Yahoo Acquires Arab Internet Portal Maktoob
Jason Kincaid submits: Yahoo YHOO has just officially acquired Maktoob, a very popular Arabic web portal that offers services including search, payments, social network, and auctions. Rumors of an aquisition have been building for months, and in the last hour they reached a head as news of an impending...
Tags: Internet, Jason Kincaid, Yahoo! Inc.
External links 2009-08-25
Yahoo to Buy Arab Portal Maktoob.com to Reach The Middle East
Yahoo agreed to acquire leading Arabic portal Maktoob.com for an undisclosed sum. Maktoob boasts more than 16.5 million unique users, or a third of the total users in the Middle East. Yahoo plans to offer Arabic versions of the Yahoo home page, Yahoo Search, Yahoo Messenger and Yahoo Mail, and...
Tags: Yahoo! Inc.
News items 2009-08-25
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