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Saudi Arabia

Saudi Arabia’s SEIC acquires 34% of B.TECH

According to Enterprise, SEIC could be appointing two of its members to B.TECH’s board

EMPC denies reports of selling stake to PIF, Egyptalum reveals study into capital increase

News circulated around local and regional media outlets on Sunday that the PIF was looking to acquire a stake in the two companies, as well as an unnamed bank

Saudi Egyptian Investment Co. buys minority stakes in 4 state-owned companies

The newly-launched Saudi Egyptian Investment Company (SEIC) has acquired minority stakes in 4 Egyptian companies worth around $1.3 billion

KSA’s PIF launches investment company aimed at Egypt’s promising sectors

The company is looking to invest various Egyptian sectors, including infrastructure, real estate, healthcare, financial services, food and agriculture, manufacturing, and pharmaceutical

Saudi Investment fund to acquire “significant” stake in new state-hotel company

The minister told Hapi Journal that talks with the PIF and the Sovereign Fund of Egypt (SFE) are still in the initial stage