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21 Jun, 2025
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Tag: merger

Saudi Arabia greenlights merger of 32 firms to reduce losses

August 12, 2021 Jaber Ali

Saudi Arabia’s General Authority for Competition (GAC) announced that it has no objection to the merger of 32 companies and local exchange institutions (purchasing and selling foreign currencies), reports say. GAC in a statement said it sees no objection to Read more

Finance, HeadlinesCOVID-19, Exchange, GAC, General Authority for Competition, merger, pandemic, Saudi Arabia

Qatar: Qatargas, RasGas merger Creates Gas Giant

January 4, 2018February 12, 2021 Peter Mulvany

Qatar Petroleum has announced that the country’s two Liquefied Natural Gas producers have been combined into a single gas company with a goal to save up to $500 million annually in operation costs. Qatar Pertroleum’s chief executive Saad al-Kaabi announced Read more

Energy, Gulf News, Headlinesmerger, Qatar, Qatargas, RasGas

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