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MBC IPO: Biggest Mideast Broadcaster Rises 20% in Saudi Trading Debut

MBC IPO: Biggest Mideast Broadcaster Rises 20% in Saudi Trading Debut
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Saudi arabiaSmbc groupMiddle eastTadawul all share index

Air India | Tata Group-owned Air India borrows $120 million from Japanese lender SMBC

Transaction has partly financed Air India’s purchase of an A350-900 aircraft from Airbus, which was delivered in October 2023, according to an official statement

Nipun aggarwalHiroyuki mesakiAir indiaAi fleet servicesInternational financial services centreTata group owned air indiaTata groupSmbc group

Data Subject Request

Data Subject Request

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Saudi Arabia s MBC Group gets $14 5bn orders for IPO

Saudi Arabia’s MBC Group said the pricing of SAR25 per share implies a market valuation of around SAR8.3bn at listing.

United arab emiratesAr riyaSaudi arabiaCity ofUnited kingdomWaleed ibrahim alSam barnettAbu dhabi purehealthPhoenix group plcDubai taxi companySaudi exchange tadawulSmbc groupAl istedamah holdingSaudi exchangeMiddle eastTaxi company

MBC Group sets price range for IPO, seeks to raise $222m

MBC Group plans to use the IPO proceeds to repay debt, enhance its financial flexibility and invest in new content for Shahid and other initiatives.

City ofUnited kingdomAr riyaSaudi arabiaUnited arab emiratesAbu dhabi purehealthWaleed ibrahim alAbdulrahman abdullah gettyPhoenix group plcAl istedamah holdingSmbc groupSaudi exchangeDubai taxi companyMiddle eastTaxi companyDubai financial market

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