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Saudi steel firm picks BNP for $3bn IPOSaudi Arabia's Al Rajhi Steel has appointed BNP Paribas as the financial adviser for an initial public offering of its $3 billion steel project north of Jeddah, Middle East Economic Digest said on Tuesday. The timing of the IPO on the Saud More… |
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Al Rajhi Steel picks BNP for $3bn IPOSaudi Arabia's Al Rajhi Steel has appointed BNP Paribas as the financial adviser for an initial public offering of its $3 billion steel project north of Jeddah, Middle East Economic Digest said on Tuesday. The timing of the IPO on the More… |
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$196.5m loan for Al Rajhi SteelSaudi-based Al Rajhi Steel Industries said it has obtained a SR737 million ($196.5 million) bank loan to more than double its steel rebar production by the start of 2012. The Sharia-compliant loan from Saudi Arabia's Alinma Bank will h More… |
