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BlackRock takes minority stake in Saudi-Bahraini crude pipeline
The pipeline connects Aramco’s Abqaiq plants and Bapco’s refineries in Bahrain
Bawan moves to fully acquire Petronash Global
The final value of the transaction is subject to Petronash’s three-year financials
Indian firms land major infrastructure contracts in the Kingdom
VA Tech Wabag landed a UAD 317 contract to build a desalination plant in Yanbu
Aramco eyes Shell’s South Africa downstream business
The transaction could wrap up before year’s end or in early 2025
Al Rajhi Bank acquires majority stake in fintech startup Drahim
The investment will be used to enhance Drahim’s existing products
M&A news from Tabby + Salic + Dussur
Salic has completely exited Saudi Fisheries
Ashmore Saudi Arabia to exit Dubai-based school operator AlephYa Education
AlephYa operates Al-Majd National Schools and Al Tarbiyah Al Islamiyah School in Riyadh
Riyadh Development buys real estate assets from Remat Al Riyadh
Riyadh Developmet’s transaction is valued at SAR 1.4 bn
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