Saudi Olayan Group issues $173 million sukuk
Olayan Group, one of the largest conglomerates in Saudi Arabia, has concluded its maiden issue of an Islamic bond, or sukuk, two sources with knowledge of the matter said on Tuesday.
June 27, 2012 9:58Register for our free newsletter
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Olayan Group, one of the largest conglomerates in Saudi Arabia, has concluded its maiden issue of an Islamic bond, or sukuk, two sources with knowledge of the matter said on Tuesday.
June 27, 2012 9:58Increased optimism on successful capital restructuring will help Zain Saudi Arabia to further narrow its valuation gap with peers through 2012, Riyad Capital said and raised its price target on the telecom operator's stock by nearly 40 percent.
February 13, 2012 2:26Etihad Etisalat Co (Mobily) is set to deliver another year of double-digit revenue growth following strong performance last year on improved post-paid sales, Riyad Capital said and raised its price target on the stock by 12 riyals to 74 riyals.
February 6, 2012 2:44