GAC approves Zamil Development Co.’s acquisition of Itqan Capital

August 9, 2022

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RIYADH: Saudi Arabia’s General Authority for Competition on Tuesday announced its approval for Zamil Development Co.’s acquisition of Itqan Capital.

Itqan Capital is a Saudi closed joint-stock company.

The #General_Authority_for_Competition issued a No Objection Certificate with respect to the completion of the economic concentration transaction between:ITQAN CAPITALALZAMEL DEVELOPMENT HOLDING pic.twitter.com/V6Ca2i4Me9

— General Authority for Competition (@Saudigac_en) August 9, 2022