Pal Aqar Company for Real Estate Development & Management L.T.D (PLSE:PALAQAR) agreed to acquire Aqarat Commercial Complexes Management on November 7, 2017. The transaction is subject to approval by the board of Pal Aqar Company for Real Estate Development & Management. As of November 7, 2017, the board of Pal Aqar Company for Real Estate Development & Management has approved the merger.