Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
RIYADH: The Saudi Agricultural and Livestock Investment Co., SALIC, a wholly-owned subsidiary of the Public Investment Fund, signed an agreement to acquire 35.43 percent of Olam Agri Holdings for SR 4.65 billion ($1.24 billion). The transaction is expected to be completed in 2022 after obtaining the required approvals from the relevant authorities, SALIC said in a statement.
The Cultural Development Fund has inked a deal with Saudi bourse to advance the cultural sector, bolster innovation and foster national talent. As part of this, the Fund will launch a incentive programme with an allocation of SR181 million ($48 million).
The Saudi Exchange welcomed the listing of East Pipes Integrated Company, one of the leading pipes manufacturers in the kingdom. This new addition will help boost investments opportunities among local and international investors.