The General Authority for Competition (GAC) issued 16 decisions in January 2025 regarding approval requests for economic concentration applications.
These requests included16 acquisitions, GAC said on X pltform.
Among them was Saudi Arabian Mining Co. (Maaden) acquiring 25.1% of the capital of Maaden Bauxite and Alumina Co. (MBAC) and 25.1% of the capital of Maaden Aluminium Co. (MAC).
Additionally, the approvals included the merger of The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) with Buruj Cooperative Insurance Co.
The General Authority for Competition (GAC) issued 16 decisions in January 2025 regarding approval requests for economic concentration applications.
These requests included16 acquisitions, GAC said on X pltform.
Among them was Saudi Arabian Mining Co. (Maaden) acquiring 25.1% of the capital of Maaden Bauxite and Alumina Co. (MBAC) and 25.1% of the capital of Maaden Aluminium Co. (MAC).
Additionally, the approvals included the merger of The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) with Buruj Cooperative Insurance Co.
