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Saudi Arabia's SALIC to Buy Control of Olam Agri

Saudi Arabia snaps up Olam’s agribusiness division in a deal valued at $4 billion, more than the Singaporean firm’s entire market cap

First, Salic will acquire 44.57% of Olam Agri for $1.78 billion, bringing its total ownership stake to 80.01%. The Saudi fund will then have three years to exercise a call option on the remaining 19.99%.

Reuters on MSN · 1d

Saudi Arabia to buy control of Olam's agribusiness for $1.8 billion; shares jump

Saudi Arabia's agricultural and livestock investment firm SALIC has agreed to buy a 44.58% stake in Singapore-based Olam Group's agricultural products business Olam for 1.78 billion, the companies said on Monday.

GlobalData on MSN · 1d

Saudi Arabia’s Salic to buy Olam Agri business from Singapore parent

Saudi Agricultural and Livestock Investment Company (Salic) has agreed to acquire a 44.58% stake in Olam Agri Holdings, the agricultural products unit of Singapore’s Olam Group, for $1.78bn. Post the transaction,

Al-Monitor12h

Saudi Arabia markets Middle East's first euro green bond: What to know

The kingdom, currently the world’s top oil exporter, looks to have half of its electricity powered by renewable energy by ...

Zawya1d

Kingdom of Saudi Arabia confirms $500mln commitment to global polio eradication effort

Critical funds will be immediately disbursed to the Global Polio Eradication Initiative to help end wild polio in Pakistan ...

7don MSN

Why is Saudi Arabia hosting talks between the US and Russia?

Saudi Arabia’s hosting of top American and Russian officials for a high-stakes rapprochement meeting underlines the kingdom’s ...

10h

Investors Snap Up Saudi Arabia’s Debut Euro Green Bond

Saudi Arabia is on track to sell a €1.5 billion ($1.58 billion) debut green euro bond after drawing in €7.25 billion of ...

22h

Saudi Arabia quietly steps up releases of political prisoners

Among those released is Salma al-Shehab, a PhD student in the UK who was sentenced in 2022 to 34 years in prison for sharing dissidents’ social media posts on women’s rights and spreading “false” ...

13hon MSN

Ramadan 2025 date for different countries: Muslims in Saudi Arabia, India, UAE, Pakistan to sight crescent moon together

For the first time in years, entire Muslim world will unite to witness Ramadan 2025 crescent moon on the same night; may ...

Saudis plan South Florida investment office as kingdom cultivates closer ties with Trump, U.S. investors

Amid a major public relations lift from President Donald Trump at a Miami Beach investment conference sponsored by Saudi Arabia’s Public Investment Fund, the oil-rich nation announced plans ...

11d

Saudi Arabia welcomes idea of U.S. and Russian presidents meeting in kingdom

Saudi Arabia said on Friday it commended the phone call between U.S. President Donald Trump and Russian President Vladimir ...

Hosted on MSN9h

Saudi Arabia ranks first globally in government trust and future outlook

Saudi Gazette report RIYADH — Saudi Arabia ranked as the most trusted government worldwide, with a remarkable 87 percent trust rate, according to the 2025 Edelman Trust Barometer. This reflects the ...

Zawya23h

Bugatti Saudi Arabia launches Tourbillon in kingdom

Bugatti Saudi Arabia has introduced the Bugatti Tourbillon to the kingdom’s market, marking a significant milestone in ...

Saudi Arabia Unveils Currency Symbol to Promote Financial Status

Saudi Arabia has introduced a new symbol for its local currency as part of efforts to establish the kingdom as a global ...

Saudi defence minister, U.S. defense secretary discuss cooperation in Washington

Saudi Arabia's Defence Minister Prince Khalid bin Salman discussed on Monday with U.S. Defense Secretary Pete Hegseth in ...

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