‎GAC OKs 24 economic concentration applications in August

‎GAC OKs 24 economic concentration applications in August ‎GAC OKs 24 economic concentration applications in August

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Saudi Arabia’s General Authority for Competition (GAC) said it issued 24 no-objection decisions on economic concentration applications in August 2026.

GAC said the decisions included the establishment of two joint ventures involving Saudi companies, including a joint venture between Saudi Arabia’s Bahra Advanced Cable Manufacture Co. Ltd. and France’s Dervaux to manufacture equipment for overhead electricity transmission lines.

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A joint venture between Saudi Arabia’s HUMAIN and Singapore-based AirTrunk Singapore KSA Nom Holdings Pte. Ltd. was also approved to develop and operate data center infrastructure and provide the capacity required to host high-density computing workloads.

 

Saudi Arabia’s General Authority for Competition (GAC) said it issued 24 no-objection decisions on economic concentration applications in August 2026.

GAC said the decisions included the establishment of two joint ventures involving Saudi companies, including a joint venture between Saudi Arabia’s Bahra Advanced Cable Manufacture Co. Ltd. and France’s Dervaux to manufacture equipment for overhead electricity transmission lines.

A joint venture between Saudi Arabia’s HUMAIN and Singapore-based AirTrunk Singapore KSA Nom Holdings Pte. Ltd. was also approved to develop and operate data center infrastructure and provide the capacity required to host high-density computing workloads.

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