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Saudi-Arabian-Airlines-Catering-company

Saudi Airline catering unit IPO seeks $350 million

The catering unit of Saudi Arabian Airlines is seeking to raise 1.3 billion riyals ($350 million) by floating 30 percent of its shares, the prospectus showed as the initial public offer opened to retail investors on Monday.

June 18, 2012 6:08
 
EFG-QInvest tie-up

EFG plans 4 Egyptian pounds dividend after QInvest tie-up

It confirmed in a statement that shareholders had approved the venture, in which EFG would have a 40 percent stake and QInvest 60 percent.

June 4, 2012 10:54
 
Al Tayyar

Saudi travel firm Al-Tayyar IPO seen pricing at top end

To raise up to 1.37 bln riyals from 30 pct IPO sale; Institutional portion oversubscribed nearly 5 times; Share price range set at 45-57 riyals; Listing seen early June; Saudi IPO sector showing signs of revival

May 17, 2012 12:19
 
Kuwait Finance House sells land for $36.7 mn

Kuwait Finance House sells land for $36.7 mn

Kuwait Finance House, whose shares were suspended on Monday, said it had sold 20 plots of land for 10.19 million Kuwaiti dinars ($36.7 million)

April 2, 2012 5:18
 
A big bluff? UAE’s Dana Gas considers London move

A big bluff? UAE’s Dana Gas considers London move

The GCC’s only listed natural gas company has seen its stock decline 14.8 percent and its CEO says it’s because they’re misunderstood

April 20, 2011 10:39
 

Etisalat eyes Zain stake

Reports that two companies are in talks.

June 27, 2010 2:09
 

Emaar lifts Dubai to two-week high

Investors' confidence begins to return as fears over global economy recede and oil prices rise.

June 21, 2010 3:53
 

New all-time high for gold

Price of the metal continues to soar as stocks take a battering.

June 9, 2010 3:23
 

KIA considers selling Zain stake

Rumors circulate that it has asked investment firms to begin technical studies on Zain ahead of sale.

May 31, 2010 3:31
 

Kingdom Holding in successful takeover bid of Kingdom Hotel Investments

Kingdom Holding Company to acquire full control of KHI for $5 per share.

May 5, 2010 9:30
 
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