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Dar Almarkabah Signs MoU for Zad International Purchase

MT Newswires·09/03/2026 04:56:41
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04:56 AM EDT, 09/03/2026 (MT Newswires) -- Dar Almarkabah for Renting Cars (SASE:9577) entered a nonbinding memorandum of understanding for the acquisition of Zad International, according to a Thursday release. Under the six-month MoU, the car rental company will complete due diligence within sixty days and determine the transaction structure, including the number and price of Dar Almarkabah shares to be offered as consideration.