Air Liquide has completed the acquisition of TAQA’s stake in Air Liquide Arabia (ALAR). The Group is well-positioned to further grow its already strong presence in the Gulf Cooperation Council (GCC) region, in particular in Saudi Arabia. Accordingly, Air Liquide will pursue the opportunities emerging in the industrial sector, including those related to the Energy Transition. Air Liquide has been present in Saudi Arabia since 2007 and has continuously developed its operations in the country. This transaction is a reinforcement of the Group’s commitment to invest and continue doing business in the country, contributing to the Kingdom’s development ambition as expressed in the Saudi 2030 vision.