Business

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Ajlan signs deals worth $7bn

A view of Kuala Lumpur's skyline. (Nations Online Project)
By TRENDS Desk
August 31, 2022 9:10 am
  • The deals aim to develop effective programs to promote collaboration between the two countries to invest in key sectors: industrial manufacturing, healthcare, technology
  • Ajlan will partner with Malaysian companies such as SilTerra, Cybersecurity Malaysia, Aerodyne, NADI Corp., Malaysian Genomics Resource Centre Berhad, MYEVENTS International

Riyadh, Saudi Arabia— Ajlan & Bros Holding Group of Saudi Arabia has signed deals worth $7 billion with Malaysian companies, according to a statement on LinkedIn.

The deals aim to develop effective programs to promote collaboration between the two countries to invest in key sectors: industrial manufacturing, healthcare, technology, entertainment, and defense.

The Malaysian companies are SilTerra, Cybersecurity Malaysia, Aerodyne, NADI Corp., Malaysian Genomics Resource Centre Berhad, EasyStore, Sevenue, MYEVENTS International, Meta Universe, and Twistcode Technologies.

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