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Saudi Arabia completes first phase of state mills privatisation

08.07.2020The first milling company was awarded to Raha AlSafi consortium at 2.027 billion Saudi riyals ($540.1 million), while the third mill went to Alrajhi-Ghurair-Masafi consortium for 750 million

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19.01.2018DUBAI, UNITED ARAB EMIRATES — The sale process for Saudi Arabia's milling sector will be announced during the second quarter of 2018, according to a report by Reuters. The sale is one of the first privatizations Saudi Arabia plans as part of a wide-reaching overhaul of its economy and has drawn interest from some of the world's largest agribusiness

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Saudi Arabia sells mills for $800 million; shares rise

21.04.2021Saudi Arabia sells mills for $800 million; shares rise. The sales were part of Saudi Grains Organization's privatisation program in which it offered four mills. SAGO will become the regulator of the milling sector and main supplier of wheat, barley and other grains to the privatised milling companies. Saudi Arabia sold two mills

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21.04.2021April 21, 2021 10:06 Follow arabnews The National Center for Privatization PPP (NCP) said it completed the sale of the two mills (MC2 and MC4) to private sector investors JEDDAH: Saudi

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04.11.2021This sale is the second to Saudi Arabia under the Biden administration, the first was for $500 million. Congress has 30 days to review the sale and the sale may face pushback from

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Saudi Arabia completes first phase of state mills privatisation

08.07.2020DUBAI/LONDON (Reuters) - Saudi Arabia said on Wednesday it had completed the first batch of its milling sector privatisation, according to a statement by the state grain buyer and

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02.11.2015Saudi Arabia is attracting investments into the steel industry, which stood at $11.76bn in 2011. Large expansion of capacities are underway. The country is already home to the Gulf's largest steel and petrochemicals industries. The kingdom is owns 49% of all steel factories in the GCC. Top Steel Manufacturing Companies

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Saudi Arabia sells mills for $800 million; shares rise

21.04.2021Saudi Arabia sold two mills to consortiums comprising National Agriculture Development Co. and Abdullah Al Othaim Markets Co. in deals that have a combined value of $800 million. The shares of both companies climbed.

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Saudi Arabia completes mills privatisation

20.04.2021Saudi Grains Organisation (SAGO) said on Tuesday it had sold 100% stakes in the Second Milling Company and the Fourth Milling Company, completing a previously announced privatisation.

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Saudi Arabia to start next phase of mill privatisation

28.07.2019Saudi Arabia to start next phase of mill privatisation. Sale is part of the kingdom's overhaul of its economy. Published: July 28, 2019 15:34 Reuters. Dubai: Saudi Arabia's state grain

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08.09.2021RIYADH: Baosteel, a Chinese state-owned iron and steel company, signed a memorandum of understanding with Saudi Aramco to construct an integrated steel mill producing plate in Saudi Arabia,

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AG SAG Mill for Mineral Processing Wet

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Saudi Arabia completes first phase of state mills privatisation

Businesses for Sale and Investment Opportunities in Saudi Arabia

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Sale of Saudi Arabia mills set for second quarter

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BAE Systems sold 15bn worth of arms to Saudis during Yemen assault

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Saudi Arabia sells mills for $800 million; shares rise

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