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Saudi PIF mulls $1bn stake in Seera's travel unit Almosafer

RIYADH: Saudi Arabia’s sovereign wealth fund has signed a non-binding deal with Seera Group to acquire a SR3.75 billion ($1 billion) stake in its travel unit Almosafer. The Public Investment Fund seeks to hold 30 percent of Almosafer’s capital, Seera Group said in a bourse filing. As part of the deal, Seera’s destination management subsidiary Discover Saudi and its Hajj and ....

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Return of travel demand fuels growth for Seera Group

Seera Group, a leading provider of diverse travel services, has reported substantial growth across all travel verticals for the first quarter 2022 compared to the previous year.
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