{"id":5211,"date":"2022-10-05T06:18:40","date_gmt":"2022-10-05T06:18:40","guid":{"rendered":"https:\/\/gulftimes.ae\/saudi-startup-jahez-to-acquire-all-shares-in-marn-business-for-16m\/"},"modified":"2022-10-05T06:18:40","modified_gmt":"2022-10-05T06:18:40","slug":"saudi-startup-jahez-to-acquire-all-shares-in-marn-business-for-16m","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=5211","title":{"rendered":"Saudi startup Jahez to acquire all shares in Marn Business for $16m"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div class=\"field field-name-field-publication-date field-type-datestamp field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><span class=\"date-display-single\">Wed, 2022-10-05 09:15<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>\n\tRIYADH: Jahez International Co. for Information Systems Technology has signed an agreement to acquire all shareholders\u2019 shares of Marn Business Information Technology Co. for SR60 million ($16 million).<\/p>\n<p>\n\tThe transaction is in line with the online food delivery platform Jahez\u2019s strategy of expanding its business through acquisitions in order to take advantage of the growing opportunities in the industry, it said in a bourse filing.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-field-binary field-type-image field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above\">\n<div class=\"field-label\">Main category:&nbsp;<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">Business &amp; Economy<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.arabnews.com\/node\/2175446\/business-economy\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wed, 2022-10-05 09:15 RIYADH: Jahez International Co. for Information Systems Technology has signed an agreement to&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-5211","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v28.5) - 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