Wednesday 06, June 2012 by Robin Amlôt

Zain Saudi prospectus names underwriting banks

Lead manager Saudi Fransi Capital (Banque Saudi Fransi), and Rajhi Capital (Al-Rajhi Bank) are to underwrite 44.8 per cent each of the 600 million shares being offered in Zain Saudi’s SAR 6 billion ($1.6 billion) rights issue.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more