Saudi Arabia’s Maaden to Raise $2.5B in July IPO
Tuesday, May 13th, 2008 Posted in IPOs, News | No Comments »Saudi Arabia's state-owned Mining Co, Maaden, is eying a 9.25 billion riyals ($2.47b) IPO in July, according to the Saudi exchange. Maaden has an existing aluminum venture with Rio Tinto Alcan (NYSE: RTP; formed prior to Rio's acquisition of Alcan ...
Hedge Funds Sought in Middle East: Setting Up Shop While Walking a Fine Line in Long/Short
Wednesday, May 7th, 2008 Posted in Hedge Funds | No Comments »The Financial Times reports of growing demand for regional hedge funds in the Middle East and greater capabilities to mitigate risk of traditionally long-only investments in the region given the inability to short stocks. Ali al-Shihabi, chief executive of Rasmala ...
