Saudi Arabia: Bupa Arabia Debuts on Tadawul

July 2008
MiddleEast Insurance Review;Jul2008, p23
Trade Publication
The article reports that Bupa Arabia for Cooperative Insurance Co. has received a signal from the Capital Market Authority (CMA) to start trading its 16 million shares that indicates 40% of its capital in Saudi Arabia. According to the company's managing director Tal Nazer, he is expecting that the company's shares will start with an extensive and wide trading. It notes that the company has a paid-up capital of 400 million Saudi Arabian riyal.


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