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MC4 was sold to a group of private investors in 2021 under a privatization plan by the government for state-owned milling companies
Author Archives: enterpriseam admin
Posted inInvestment Watch
Abdul Latif Jameel-backed EV maker Rivian to get USD 5 bn investment from Volkswagen
Both companies will use the tech from their JV to develop vehicles before 2030.
Posted inM&A WATCH
Tadawul Group snaps up 32.6% stake in Dubai Mercantile Exchange
Saudi Tadawul will rebrand the DME as the Gulf Mercantile Exchange
Posted inENERGY
Aramco close to acquiring a 25% stake in Texas LNG export plant
Both sides expect the completion of the agreement
Posted inInvestment Watch
TVM Capital Healthcare makes USD 35 mn investment in local pharma group Boston Oncology Arabia
TVM Capital Healthcare is set to help expand Boston Oncology Arabia’s access to international suppliers
Posted inSOLAR
Developers of 5.5 GW worth of solar capacity just got a boost
Six new renewable energy projects with a total capacity of 6.7 GW have been tendered since the start of 2024
Posted inMINING
Five companies get mining exploration licenses
5 companies received licenses for 6 sites
Posted inTHURSDAY KUDOS
A round of applause for Saudia Group and Flynas
King Khalid International Airport was the world’s most punctual airport in May
Posted inPLANET FINANCE
The fruits of a global bn’aire tax scheme
G20 members will discuss the proposal next month
Posted inCALENDAR
JUNE 1-30 June (Saturday- Sunday): Monsha’at’s support meetings, Riyadh, Jeddah, Alkhobar, and Madinah. 28 June (Friday): Start of Jeddah Season 2024, Jeddah. JULY 4 July-25 August: (Thursday-Sunday): Esports World Cup, Boulevard Riyadh City, Riyadh. 12 July (Friday): PFL MENA 2, The Green Halls, Riyadh. 10-11 July: (Wednesday-Thursday): Global EV & Mobility Tech Forum, Riyadh International […]