RIYADH: Arabian Contracting Services Co. has entered into an agreement to acquire all shares of Faden Media for SR1 billion ($279 million).
The completion of the acquisition still requires the approval of relevant government authorities, as well as approval from the General Authority for Competition, according to a bourse filing.
The company, which is partly owned by the Middle East Broadcasting Company, is following a growth strategy which seeks to establish profitable alliances and partnerships locally and regionally
Newly-released security camera footage shows the moment last month's magnitude 6.8 quake shook Kumamoto General…
Viruses are not alive and it would take another significant leap for AI to generate…
At least 30 Yemeni government troops are reported to have been killed in Houthi rebel…
Two human rights groups have said an Israeli attack in southern Lebanon that killed al-Akhbar…
Nearly eight million people in South Sudan – more than half the population – face…
That’s according to the Designated Human Rights Expert for Haiti, William O’Neill, who spoke to UN…