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CTC approves Kingdom Hotel takeover

The Competition and Tariff Commission (CTC) has approved the acquisition of Makasa Sun by Dubai-based ASB Hospitality LLC, ruling that the US$30 million transaction will not harm market competition and is instead expected to revive a major…

Published: 25 May 2026 at 12:40hrs | 677 | by Staff reporter

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CTC approves Kingdom Hotel takeover

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