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Partnership combines Trimex’s track record in scaling global restaurant brands with Siguler Guff’s experience in investing in businesses tapping into the Indian consumption story Siguler Guff, a multi-strategy private equity firm with over $18 billion of assets under management, has announced a $40 million strategic growth investment in Trimex Foods Private Limited (“Trimex” or the “Company”), the exclusive Indian franchise partner for globally recognized restaurant brands, Chili’s® Grill & Bar, PAUL, and Cinnabon®. This strategic partnership represents Trimex’s first institutional capital raise and seeks to help accelerate the Company’s pan-India expansion of its existing brand portfolio as well as onboard new global brands. Founded in 2010, Trimex operates over 50 restaurants and bakery-cafés across 13 cities in India. Trimex has built one of India’s premier casual dining and bakery platforms, with nationwide rights for its global brand portfolio. The Company’s differentiated menu positioning, strong brand affinity, and disciplined approach to store operations have made it a preferred partner for global restaurant brands. The management team’s execution experience is demonstrated in Trimex’s leading operating metrics in a complex market with numerous casual dining platforms. The investment reflects Siguler Guff’s conviction in the long-term growth of India’s organized food services sector, which is expected to be one of the fastest-growing consumer segments in the country over the coming decade. Siguler Guff’s India team, which possesses tenured investing experience across the consumer and retail sectors through its existing portfolio, identified Trimex as a differentiated, founder-led platform with an ability to scale global brands in one of the world’s largest consumer markets. “India’s food services sector is undergoing a structural shift as consumers increasingly gravitate toward globally recognized dining experiences,” said Shaun Khubchandani, Partner and Co-Portfolio Manager, Siguler Guff. “The platform built over the past fifteen years is notable, representing a scalable, multi-brand platform with industry-leading execution and a strong customer following. We are excited to support Trimex in building a premier, enduring consumer franchise in the restaurant space and replicate its success over a bigger scale by leveraging our global network,” he added. A spokesperson for Trimex Foods said, “We are delighted to welcome Siguler Guff as our partner. Since the Company’s founding, we have focused on building a platform that delivers world-class dining experiences to Indian consumers while maintaining the highest standards of operational consistency. Siguler Guff’s global expertise and their track record of partnering with consumer businesses in emerging markets make them a great partner for our next phase of growth.” Ernst & Young (“EY”) acted as the exclusive financial advisor to Trimex.

Minister of Transport and Logistics Services and Saudia Group Director General welcome first arriving pilgrims in Jeddah Saudia, the national flag carrier of Saudi Arabia, has commenced its Hajj 2026 operations, marking the arrival of the first flight carrying pilgrims to the Kingdom. Flight SV5807 arrived at King Abdulaziz International Airport in Jeddah from Dhaka, carrying 376 pilgrims. His Excellency Engr. Saleh Al-Jasser, Minister of Transport and Logistics Services, and His Excellency Engr. Ibrahim Al-Omar, Director General of Saudia Group, welcomed the flight alongside senior officials from across the Hajj ecosystem, underscoring the Kingdom’s continued commitment to enhancing the pilgrimage experience. Saudia’s Hajj operational plan spans 75 days across both arrival and departure phases, facilitating the movement of pilgrims from around the world. The operation is supported by a comprehensive suite of integrated services, delivered in close coordination with relevant entities to ensure a seamless and efficient journey. For the 2026 season, Saudia has allocated more than one million seats across its domestic and international network, supported by a fleet of 160 aircraft dedicated to Hajj operations. The airline will serve pilgrims from 145 destinations worldwide, leveraging its full operational and technical capabilities. A dedicated workforce across all operational sectors is deployed around the clock to maintain smooth and efficient performance throughout the season. His Excellency Engr. Ibrahim Al-Omar, Director General of Saudia Group, said: “Serving pilgrims is a national priority, and Saudia plays an integral role within a broader ecosystem dedicated to this mission. In alignment with Saudi Vision 2030, and in partnership with the Ministry of Hajj and Umrah and the Pilgrim Experience Program, we continue to advance initiatives that enhance the Hajj journey. As we contribute to the Kingdom’s objective of facilitating travel for 30 million pilgrims and Umrah performers by 2030, we remain committed to delivering a high standard of service at every stage, supported by disciplined operations and strong on-time performance.” Saudia continues to offer a range of services tailored to pilgrims, including the issuance of boarding passes for both arrival and return flights at international departure points, as well as domestic segments, in addition to operating supplementary flights to Madinah. The airline expects to serve more than 179,000 pilgrims through the “Makkah Route” initiative, while the “Luggage First” service is set to handle approximately 330,000 bags and 230,000 bottles of Zamzam water. Onboard, services are designed to support pilgrims throughout their journey. These include Miqat announcements made 30 minutes prior to crossing, the broadcast of Talbiyah, and a dedicated inflight channel featuring educational content on Hajj and Umrah rituals, alongside catering options tailored to diverse preferences.