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
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Salic acquired a 35.4% stake in Olam Agri in 2022
Saudi’s long-term deposits at the CBE are valued at USD 5.3 bn
The agreements were signed with six banks
Despite regional rivalry, Saudi and Emirati companies have plenty of appetite — for each other
Two-way trade and investment between China and Saudi Arabia is booming — and raising eyebrows in the west
Women investors put up 80% of the funding
The partners are together kicking in over USD 1 bn more than originally announced
Plus: Rent finance outfit Techmal raises pre-seed capital + UAE’s Orgam to expand here
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