Noor to raise stake in Meezan BankKuwait's Noor Financial Investment Company plans to raise its stake in Pakistani Islamic lender Meezan Bank to 42 per cent from 35 per cent, its managing director said. The purchase will cost about $20 million, Al Marri said, adding the mo More… |
Noortel aims to raise $203m in IPOKuwait's Noortel, a unit of investment firm Noor Financial Co, aims to raise 53.9 million dinars ($203.3 million) in an initial public offering that ends in June, a report said. The firm, which aims to use the proceeds to make telecom acqu More… |