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  3. State-backed bank divests from American Express Saudi Arabia

AGBI

State-backed bank divests from American Express Saudi Arabia

The Saudi Investment Bank (SAIB) has agreed to sell its 50 percent stake in American Express Saudi Arabia (Amex). American Express Saudi Arabia had a book value of SAR638 million as of November 30, 2025, the lender said in a statement to the Saudi stock exchange. The stake has been sold for SAR1.4 billion ($381 […]

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Por AGBI

3 September 2026|1 minuto de lectura
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