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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Finance, Market Moves more

Persian Gulf companies seek funds in IPOs as stock, bond markets recover

Posted on 11 October 2010

From Bloomberg: Persian Gulf companies are joining a surge in emerging market share sales to raise funds as regional stock markets rebound and companies restructure their debt.

Aluminium Bahrain BSC, operator of an 850,000 metric-tons- a-year smelter, and Nawras, the Omani mobile phone company controlled by Qatar Telecom QSC, announced plans to sell shares in the coming months…………………………………….Full Article: Source

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