SAIB to exit American Express Saudi Arabia for SAR 1.4bn
Mubasher - 9/2/2026 5:31:16 PM - GMT (+3 )
Mubasher - 9/2/2026 5:31:16 PM - GMT (+3 )
Riyadh — Mubasher: The Saudi Investment Bank (SAIB) inked an agreement to sell its full 50% equity stake in American Express Saudi Arabia to Amex (Middle East) B.S.C. The transaction is valued at SAR 1.43 billion, equivalent to $381.36 million, to …
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