Hedge Funds & Alternative Investments
Insurance
Uncategorized
Saudi Re eyes $356mln capital boost through IPO
Saudi Reinsurance Company has announced that its board has recommended an increase in capital through a SR445.5 million ($118.7 million) rights issue. Saudi Re, which is listed on the Saudi Exchange (Tadawul), said the move to boost the capital from SR891 million ($237.5 million) to SR1.37 billion ($356 million) is…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya