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Saudi Arabia Achieves Highest Evaluation Level in UN s Competition Law Systems Report

Saudi Arabia Achieves Highest Evaluation Level in UN s Competition Law Systems Report
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Saudi Arabia achieves highest evaluation level in UN s Competition Law Systems Report

Saudi Arabia achieves highest evaluation level in UN s Competition Law Systems Report
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Saudi competition authority approves 13 acquisition and merger requests in February

RIYADH: Saudi Arabia’s General Authority for Competition approved 13 acquisition and merger requests during the month of February, according to a statement. The figure reflects a drop from the 20 given the green light by the organization in January. Last month, applications for acquisitions, joint ventures and mergers represented 75 percent, 20 percent and 5 percent,

Saudi Jahez and AlHilal Club get GAC nod for online sportswear store

RIYADH: Jahez International Co. for Information Systems Technology and AlHilal Club Investment Co. have received the go-ahead from the General Authority for Competition to set up a limited liability company to provide online sportswear. This deal marks the first time GAC has received a request for an economic concentration application for a sports club in the Kingdom of Saudi

Saudi competition authority approves 23% more M&A requests in Q2

RIYADH: Saudi Arabia’s General Authority for Competition approved 43 applications for mergers and acquisitions in the second quarter of 2022, a 23 percent jump from a year ago, it has announced. In its recent report, GAC said it received 76 applications for economic concentration in the first quarter of 2022, 11 percent lower than the same period in the previous year, Argaam

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