Arab News, Wednesday, Apr 7, 2021 | Shaaban 24, 1442
Saudi competition regulator approves 22 acquisitions in Q1
The General Authority for Competition in Saudi Arabia approved 22 applications
for corporate acquisitions in the first quarter of the year, Asharq Business
The manufacturing industry recorded most activity followed by the mining and
quarrying sector, it said, citing officials.
The total number of overall applications received by the authority during this
period reached 71, compared to 31 for the same period in 2020.
Growing familiarity with the competition system and the increased commitment of
local and foreign establishments helped to spur activity, it said.