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Knowledge Economic City signs $933m deal with GIB Capital

Knowledge Economic City signs $933m deal with GIB Capital
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MECS+R Celebrates 29 Years Of Retail Excellence At Retail Congress MENA: The Year Of Reinvestment

MECS+R Celebrates 29 Years Of Retail Excellence At Retail Congress MENA: The Year Of Reinvestment
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Savola Group gains $21 6m from stakes sale to Taiba Investments Co

RIYADH: Savola Group has announced gains of SR81 million ($21.6 million) from the sale of its stakes in Knowledge Economic City Co. and Knowledge Economic City Developers to Taiba Investments Co. Taiba Investments inked a binding agreement to acquire Savola’s entire ownership in KEC and KECD for SR459.26 million in August, and the shareholders of both companies granted their

Savola shareholders approve sale of all shares in KEC to Taiba for $122m

RIYADH: Shares of Savola Group Co. increased 0.66 percent, after its shareholders approved selling all Savola’s shares in Knowledge Economic City Co. to Taiba Investments Co. for SR459 million ($122 million). Savola saw its shares increase to SR30.8 as of 10:06 a.m. Saudi time. Savola owns an 11.47 percent stake in KEC direct ownership of 6.40 percent and indirect ownership

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