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...
Building awareness about Islamic FinanceÂ
By Dr Khawla Nobani - Jordan
Growth in Islamic finance institutions around the world is promising and is starting to acquire...