Friday 26 April 2024
 
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Risal

Saudi Atco sells Risal stake for $250m

British investment firm Energy Capital Group has bought a majority stake in Saudi industrial cleaning company Redland Industrial Services Arabia (Risal) for $250 million, an adviser on the deal said. Abdulrahman Al Turki Group (Atco),

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Energy Capital acquires stake in Saudi firm

Energy Capital Group (ECG), a private global investment firm with offices in Bahrain, Dubai and London, has acquired a 51 per cent stake in Saudi-based oil and gas industrial cleaning and environmental services company. The Saudi firm Redl

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