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Saudi Arabian hospitality firms weigh $2 4bn merger

Dur Hospitality and Taiba Investments mull merger

RIYADH: Dur Hospitality and Taiba Investments said they would start preliminary discussions about a possible merger. The pair made the disclosure in separate statements to the Saudi stock exchange on Sunday. It comes amid a wave of merger and acquisition activity in the Kingdom and wider Gulf region as corporations reposition themselves in the post-pandemic world. Dur

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