20.03.2009 - Four insurance firms launch IPO
From Saudigazette.com.sa: Saudi Arabia’s Capital Market Authority (CMA) has approved the initial public offerings (IPO) of four new insurance companies to raise a total of SR260 million. The companies are AXA for Cooperative Insurance, ACE Arabia Cooperative Insurance Company, Weqaya Takaful Insurance and Reinsurance and Al-Rajhi Company for Cooperative Insurance......Full Article: Source