Saudi Investment Fund announces the largest bookbuild offering in MENA
PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering.
The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...
Dubai-China FinTech agreement brings new opportunities for Dubai International Financial Centre
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East,...
Swiss universities and crypto bank SEBA launch educational platform
Blockchain-based financial applications and digital assets are among the greatest economic innovations of our time. The...
Migrating Banking Data: how to ensure a smooth process
The latest trends in banking and fintech suggest data migration may be either an elective tool...