Latest news with #SEDCOHolding
Zawya
27-05-2025
- Business
- Zawya
SEDCO Holding and Bugshan Investment announce completion of sale of Arabian Farms to Al Ain Farms Group
Jeddah, Saudi Arabia – SEDCO Holding, a leading Saudi investor, and Bugshan Investment, the investment arm of the Bugshan family office, announced today the completion of the sale of Arabian Farms, a leading name in the GCC poultry and egg industry, to the newly formed Al Ain Farms Group (AAFG), the UAE's leading provider of wholesome protein and beverages, marking a strategic milestone in the region's food production and agribusiness sectors. Founded in 1978 through a joint investment by Bugshan Investment and SEDCO Holding, Arabian Farms has grown into a trusted regional brand, delivering high-quality poultry products and playing a central role in food security across Saudi Arabia and the UAE. The company was also the UAE's first and only producer of pasteurized eggs, and the first mover in the nutrition-enriched table egg category in Saudi Arabia. Bugshan Investment is the investment arm of the Bugshan family office, managing a diverse global portfolio across sectors including healthcare, real estate, automotive, consumer products, food and beverages, and technology. SEDCO Holding is a leading Saudi investor focused on sustainable, long-term value creation in strategic sectors. The sale of Arabian Farms marks a strategic portfolio rebalancing by Bugshan Investment as it continues to optimize their holdings in line with their thematic investment approach. This exit allows them to redeploy capital into high-growth sectors aligned with their long-term vision and the Kingdom's Vision 2030 agenda, while reinforcing their commitment to enabling regional resilience and private sector innovation. The sale of Arabian Farms represents an exit by SEDCO Holding from the agricultural sector as a part of its strategy to focus on core businesses and to play a proactive part as a value-adding investor with an emphasis to align with government initiatives under the umbrella of Vision 2030. Arabian Farms has now been acquired by Al Ain Farms For Livestock Production as part of the formation of Al Ain Farms Group, which brings together five trusted UAE protein producers: Al Ain Farms, Marmum Dairy, Al Ajban Chicken, Al Jazira Poultry Farm, and Arabian Farms. The group was officially launched at the Make it in the Emirates Forum 2025 with a goal of significantly increasing its market share in the UAE dairy and poultry sectors. 'Arabian Farms has been an integral part of our long-term strategy to invest in vital sectors supporting regional resilience,' said Awaiz Patni, CFO of Bugshan Investment. 'We are proud of its legacy and confident that under Al Ain Farms Group, it will continue to thrive as a regional leader in food production.' 'This transaction is a natural evolution for a business we have nurtured for decades,' said Ossama Banaja, Chief Domestic Investments Officer at SEDCO Holding. 'Arabian Farms is now positioned to scale its impact and innovation under AAFG's industrial platform, aligned with our commitment to enabling sustainable economic growth.' This strategic consolidation supports the broader objectives of the UAE's National Food Security Strategy 2051 and reinforces the role of Saudi capital in shaping a more integrated, innovative, and self-reliant regional food ecosystem. Arabian Farms was advised by Ernst & Young Corporate Finance Limited as lead financial advisor and EY Law LLP as legal counsel in connection with this transaction.
Mid East Info
05-05-2025
- Business
- Mid East Info
London Business School Hosts Pivotal Gathering of MENA Changemakers in Landmark 22nd Annual Conference - Middle East Business News and Information
The conference addressed key themes including digital transformation, capital investment, and regional entrepreneurship. The event featured prominent speakers including H.E. Dr. Nabeel Koshak Dubai, United Arab Emirates: London Business School (LBS) hosted its 22nd Annual MENA Conference at the School's London campus. The conference is a landmark gathering that continues to shape conversations around innovation, entrepreneurship, investment, and impact in the Middle East and North Africa (MENA) region. Held on May 3, 2025, this year's conference built on a proud legacy of insight, dialogue, and regional leadership. For over two decades, LBS has proudly hosted the region's foremost MENA-focused conference, uniting influential voices from across the Middle East and North Africa. This flagship event has evolved into a cornerstone for intellectual exchange, bringing together senior policymakers, business leaders, and changemakers to explore the most pressing regional and global challenges. Year after year, the LBS Annual MENA Conference draws a distinguished audience of leaders, diplomats, academics, industry experts, and students committed to shaping the region's future. With a spotlight on transformative progress, the 2025 conference theme, ' Beyond Visions: Inspiring Change, Creating Impact' , reflected the region's dynamic shift from ambition to execution where innovation, private capital, and entrepreneurial spirit converge to create tangible, lasting value. 'This year's MENA Conference captured the region's growing momentum where bold visions are turning into real-world impact,' said Florin Vasvari, Executive Dean of Executive Education, Middle East, at London Business School. 'More than just a platform for thought leadership, the conference continues to serve as a catalyst for meaningful connections and cross-border collaborations. By bridging the global perspectives of our school, the conference contributes to the region's transformation.' The conference agenda this year spanned three thematic pillars: Innovation & Digital Transformation, including AI's role in shaping industries and the future of work Investments & Capital, focusing on public-private partnerships, regulatory evolution, and global capital flows Entrepreneurship, highlighting the rise of regional unicorns, fintech pioneers, and inclusive innovation The event headlined by H.E. Dr. Nabeel Koshak, CEO of Saudi Venture Capital Company and sponsored by KAPSARC and SEDCO Holding featured a curated selection of panels, fireside chats, and keynote conversations. With a legacy of hosting Presidents, Royals, Ministers, C-Suite executives, and iconic changemakers, the conference continues to attract a global audience of investors, academics, policymakers, and future leaders. High-profile speakers from institutions like SEDCO Holding, BCG, The Economist, Actis, Raed Ventures, and Salla shared perspectives on capital allocation, AI disruption, ecosystem building, and inclusive leadership across MENA. Past speakers have included H.M. Queen Rania of Jordan, H.H. Sheikh Mohammad Al-Sabah, and Mr. Naguib Sawiris, among others. A diverse range of voices from visionary founders and fintech innovators to digital transformation leaders and champions of inclusive growth took the stage. With compelling sessions such as 'Fintech Frontiers', 'Women Reshaping MENA's Business Landscape', and 'Scaling MENA's Startups to Global Unicorns', the conference promised inspiration, insight, and forward-looking dialogue. Organised by the region's future leaders, who are also current students at London Business School, the 2025 Conference was chaired by Omar Hashim, the MENA Club President, and Vice-President, Fatima AlMesaieid with a broader organising committee drawn from across the Gulf and North Africa representing a wide range of industries from private equity and consulting to tech, healthcare, and academia. As part of its ongoing commitment to the region, LBS will soon open an executive office in Riyadh, which will strengthen the School's deepening relationships with organizations and leadership in Saudi Arabia. This office will enable LBS to further engage with the Kingdom's Vision 2030 goals and expand access to world-class executive education, which is critical to shaping the region's future. The opening of the Riyadh office aligns perfectly with the discussions and momentum from the LBS Annual MENA Conference, creating new opportunities for collaboration, knowledge sharing, and leadership development in Saudi Arabia and the broader MENA region.
