CMA approves IPO of GIB Saudi Equity Fund

14/01/2018 Argaam

 

Saudi Arabia’s Capital Market Authority (CMA) approved on Thursday a request from GIB Capital to sell the units of GIB Saudi Equity Fund in an initial public offering (IPO).

 

Investors should study the fund’s terms and conditions before making any investment decisions, and can seek advice from the fund manager, the Kingdom's market regulator said in a statement.   

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