Lead manager Saudi Fransi Capital, the investment banking unit of Banque Saudi Fransi, and Rajhi Capital, part of Al-Rajhi Bank, will each underwrite 44.8 percent of the issue's 600 million shares.
June 6, 2012 11:47
Following its recent acquisition of fund manager Aureos Capital, Abraaj Capital is gearing up for an IPO as early as next year, group chief Arif Naqvi announces. Will this revive the IPO activity in the region?
March 28, 2012 4:20
Abraaj Capital is investing about $125 million in a Moroccan insurance holding firm as it bids to tap growth prospects in Africa's nascent insurance sector.
March 8, 2012 3:51
Investment funds advised by Levant Capital and Citi Venture Capital International took a $100 million joint controlling stake in Saudi Arabia-based supermarket chain al-Raya, they said in a joint statement on Wednesday.
February 22, 2012 1:03