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Thursday, February 6, 2025

AI Arabia acquires Faden Media

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Arabian Contracting Providers Firm (Al Arabia), a Saudi listed firm, acquired the complete share capital of Faden Media and Promoting Firm (Faden Media) for SAR 1.05 billion. The transaction represents an extension of Al Arabia’s progress technique, forming worthwhile native and regional partnerships to take care of its market-leading place. Clyde & Co acted as lead counsel to AI Arabia, with a cross-practice and cross-jurisdictional workforce led by company associate Rizwan Osman.

“We’re delighted to have supported Al Arabia on this strategic progress transaction. Appearing as lead exterior authorized counsel, our efficient collaboration and intensive expertise enabled us to succeed in a profitable final result on this advanced transaction.”

www.clydeco.com



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