Saudi Sovereign Wealth Fund to Pick 30 Percent Stake in Almosafer
Saudi Arabia's Public Investment Fund has proposed to acquire a 30 percent stake in Riyadh-based travel firm Almosafer — a subsidiary of Seera Group — for $412 million.
As part of the pact, Seera’s destination management company — Discover Saudi and its Hajj and Umrah travel operator — Mawasim will fall under Almosafer.
The Seera Group, in a statement to the Saudi Stock Exchang
