Categories: Business

Saudi Jahez and AlHilal Club get GAC nod for online sportswear store


Sun, 2022-08-28 16:39

RIYADH: Jahez International Co. for Information Systems Technology and AlHilal Club Investment Co. have received the go-ahead from the General Authority for Competition to set up a limited liability company to provide online sportswear.

This deal marks the first time GAC has received a request for an economic concentration application for a sports club in the Kingdom of Saudi Arabia, GAC official spokesman Saad Al Masoud said in a statement.

Main category:
Business & Economy



Source link

gulftimes

Recent Posts

US Signals Toughest-Ever Iran Sanctions as Trump Threatens Countries Supporting Tehran and Oil Markets Brace for Further Disruption

The United States is preparing to impose what Treasury Secretary Scott Bessent described as the…

2 hours ago

DR Congo Ebola outbreak spreading exponentially, UN responders warn

Key pointsEbola deaths reach 2,516 in DRC  Response funding could run out within weeks Dozens of…

3 hours ago

India’s Coaching Industry Faces Growing Scrutiny as Exam Leaks Deepen Pressure on Students

For millions of Indian families, becoming a doctor, engineer or lawyer remains one of the…

5 hours ago

Israel reopens evacuated West Bank settlement, defying growing international protests

Samer is partially blind and has a leg injury that makes moving difficult."Fear dominates everything.…

10 hours ago

Wellness habits you can start today – at no (or little) cost

The cost of studio memberships can be pretty high, so people are increasingly organising their…

15 hours ago

US says sanctions will ‘squash’ Iran’s economy and ‘collapse’ its regime

The Iranian economy has long been struggling under the weight of decades of international sanctions,…

19 hours ago