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NEOM takes stake in (regionally ubiquitous) Technogym + PIF buys into another luxury hotel chain
Technogym’s shares saw a c.6.9% markup as a result of the transaction, closing at EUR 9.20 from EUR 7.99 on…
PIF set to grab 10% stake in Heathrow
Paris-based equity firm Ardian will also acquire a 15% stake in the airport holding company
Kingdom Holding grabs additional stake in Citigroup
KHC said the “transaction supports the company’s strategic plans,” but did not elaborate.
Brazil’s Embraer, JBS to invest more in KSA
JBS is set to 4x its processing of chicken in Saudi, while Embraer will explore making the Kingdom a hub…
Asyad takes 49% stake in Swissport Saudi Arabia
The transaction is subject to regulatory approvals
KSA, Uzbekistan ink agreements worth USD 12 bn, mainly in energy
Saudi Arabia and Uzbekistan signed agreements worth USD 12 bn that will see the Kingdom invest in everything from energy,…
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