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Business

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

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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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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