{"id":14752,"date":"2022-08-29T17:27:01","date_gmt":"2022-08-29T09:27:01","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=14752"},"modified":"2022-08-29T17:27:02","modified_gmt":"2022-08-29T09:27:02","slug":"malaysia-secures-rm34-billion-in-investments-from-saudi-arabias-ajlan-bros","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=14752","title":{"rendered":"Malaysia secures RM34 billion in investments from Saudi Arabia&#8217;s Ajlan Bros"},"content":{"rendered":"\n<p><strong>KUALA LUMPUR, Aug 29<\/strong> &#8212; Saudi Arabia conglomerate, Ajlan Bros Holding Group is set to invest close to RM34 billion (US$7.5 billion) in nine Malaysian companies, said Prime Minister Datuk Seri Ismail Sabri Yaakob.<\/p>\n\n\n\n<p>During the signing of the memoranda of understanding today, he said the nine\u00a0companies are from the semiconductor, social trade, medical technology, defence and entertainment industries.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n.jpg\" alt=\"ajlan\" class=\"wp-image-14753\" width=\"570\" height=\"320\" srcset=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n.jpg 960w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n-300x169.jpg 300w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n-768x432.jpg 768w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n-178x100.jpg 178w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n-350x197.jpg 350w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n-800x450.jpg 800w\" sizes=\"auto, (max-width: 570px) 100vw, 570px\" \/><\/figure><\/div>\n\n\n<p>They are Dagang NeXchange Bhd;&nbsp;Aerodyne Systems Sdn Bhd;&nbsp;National Aerospace and&nbsp;Defence Industries Sdn&nbsp;Bhd;&nbsp;Twistcode Technologies Sdn Bhd;&nbsp;CyberSecurity Malaysia;&nbsp;Malaysia Genomics Resources Centre Bhd;&nbsp;Meta Universe Sdn Bhd;&nbsp;Light Up 7 Sdn Bhd and My Events Sdn Bhd.<\/p>\n\n\n\n<p>Ajlan Bros is one of&nbsp;the top real estate conglomerates in Saudi Arabia, specialising in residential, industrial, commercial&nbsp;and warehousing space.&nbsp;<\/p>\n\n\n\n<p>It has made considerable investments in more than 25 countries and has more than US$15 billion worth of assets as well as a revenue of over US$2 billion (US$1=RM4.47).&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/newmalaysiatimes.com\/\">NMT<\/a> as reported by <a href=\"https:\/\/www.bernama.com\/en\/news.php?id=2115489\">Bernama<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Aug 29 &#8212; Saudi Arabia conglomerate, Ajlan Bros Holding Group is set to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":14753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,17,524],"tags":[],"class_list":["post-14752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","category-nation"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n.jpg",960,540,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n-150x150.jpg",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n-300x169.jpg",300,169,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n-768x432.jpg",640,360,true],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n.jpg",640,360,false],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n.jpg",960,540,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n.jpg",960,540,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n.jpg",960,540,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n.jpg",960,540,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2022\/08\/301649022_617055879790034_8262484109252198824_n.jpg",720,405,false]},"author_info":{"info":["Editor"]},"category_info":"<a href=\"https:\/\/newmalaysiatimes.com\/?cat=41\" rel=\"category\">Business<\/a> <a href=\"https:\/\/newmalaysiatimes.com\/?cat=17\" rel=\"category\">Economy<\/a> <a href=\"https:\/\/newmalaysiatimes.com\/?cat=524\" rel=\"category\">Nation<\/a>","tag_info":"Nation","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/14752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14752"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/14752\/revisions"}],"predecessor-version":[{"id":14754,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/14752\/revisions\/14754"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/14753"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}