08 October 2007
Three Saudi insurance firms will launch initial public offerings later this month to raise a total of SR269 million (Dh264m), the bourse watchdog Capital Market Authority said.
Three Saudi insurance firms will launch initial public offerings later this month to raise a total of SR269 million (Dh264m), the bourse watchdog Capital Market Authority said.
Trade Union Insurance Company and Al Sagr Company for Cooperative Insurance will offer a 42 per cent stake each. While the Arabia Insurance Cooperative Company will offer a 40 per cent.
© Emirates Today 2007
