GulfBase Live Support
Leave a message and our representative will contact you soon
13/04/2017 05:23 AST
Kuwait's Alimtiaz Investment Group has raised $120 million from the sale of a 10 percent stake in education provider HumanSoft Holding which it plans to reinvest, Chief Executive Nawaf Marefitold Reuters. It plans to use the money to invest in sectors including education, healthcare and real estate, he said.
Citigroup and EFG Hermes acted as joint bookrunners on the deal, which cut the sharia-compliant investment company's stake in HumanSoft to 10 percent, the parties said in a joint statement. The buyers were institutional investors including regional sovereign wealth funds and other funds. HumanSoft establishes and manages private universities and colleges in Kuwait and internationally
Arab Times
Ticker | Price | Volume |
---|
Ticker | Price | Change |
---|---|---|
OSOUL | 250.00 | 5.00 (2.04 |
BAYANINV | 72.90 | 3.90 (5.65 |
GFC | 222.00 | -17.00 (-7.12 |
KINGDOM | 7.90 | -0.08 (-1.01 |
TADAWULGROUP | 208.50 | 0.80 (0.38 |
10/10/2025
Saudi Aramco completed the acquisition of an additional 22.5 percent stake in Rabigh Refining and Petrochemical Co., known as Petro Rabigh, from Japan's Sumitomo Chemical Corp. for $702 million.
Arab News
09/10/2025
Once again, Boubyan Bank reinforces its global, regional and domestic digital banking leadership after being recognized with 4 prestigious awards from Global Finance, as part of its annual awards giv
Kuwait Times
09/10/2025
Guided by its philosophy that sees human capital investment as the foundation of sustainable growth, National Bank of Kuwait successfully concluded its 2025 training program for university students,
Kuwait Times
09/10/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, celebrated the graduation of its second batch of employees from the Top-Up Bachelor of Engineering (BEng) programme in Ele
Trade Arabia
09/10/2025
Fertiglobe, the largest seaborne exporter of urea and ammonia globally and a key nitrogen fertiliser producer in the MENA region, has announced a minimum capital return of $277 million to shareholder
Khaleej Times