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Logistics (MENA) 
Aramco is getting another slice of Petro Rabigh + extending a fresh loan
Aramco’s stake in the company will now reach 60%.
Sabic to boost its footprint in China with new advanced plastics facility
New plant to produce materials for electronics, automotive, and 5g sectors.
PIF puts down an extra USD 1.5 bn for Lucid Motors
The funds are split into a stock purchase and a delayed draw term loan
Savola inches closer to a SAR 6 bn rights offering
The funds from the rights offering will be allocated to pay down around SAR 6 bn in long-term loans.
Olam Group could stage a full exit from its agri unit in transaction with PIF-owned Salic
Salic acquired a 35.4% stake in Olam Agri in 2022
Al Falih talks up prospect of fresh investment in Egypt
Saudi’s long-term deposits at the CBE are valued at USD 5.3 bn
PIF inks MoUs worth up to USD 50 bn with Chinese banks to ramp up capital flows between Riyadh, Beijing
The agreements were signed with six banks
Saudi and the UAE lead EY’s regional M&A league table
Despite regional rivalry, Saudi and Emirati companies have plenty of appetite — for each other
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