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A handful of tie-ups
Sasco’s Investments and Equipment is offering SAR 85 mn for the stake in Tadbeer
Aramco is getting another slice of Petro Rabigh + extending a fresh loan
Aramco’s stake in the company will now reach 60%.
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
Al Baha wraps up due diligence for its full acquisition of subsidiary Elegant Centers
Wafrah | The Saudi Media Academy launches a new media startup accelerator program | Palm Hills Development
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
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
BinDawood completes Jumeirah Trading takeover
The acquisition will set BinDawood back SAR 186.5 mn
There’s a new (SAR 6.8 bn) fund in town
Jeddah Tower will be over 1k meter tall when completed
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