Riyadh – Mubasher: United International Transportation Company (Budget Saudi) announced that one of its subsidiaries has signed an agreement to acquire 70% of the stake of Overseas Development company in a subsidiary based in the UAE.
The deal was valued at AED 13.34 million, according to a bourse filing.
It is worth noting that Budget Saudi posted SAR 277.21 million in net profits in 2023, up 10% higher than SAR 252 million in 2022.
