Financial and Banking News


Saudi Stake in Aitken Hume Increased 

A group of Saudi Arabian investors led by Dr. Ziad H. Idilbi has increased its stake in the British merchant bank Aitken Hume International to 16.8%, following the purchase of 200,000 ordinary shares on 19 June at 152p. The total holding of the group, which comprises Al-Rawdha Investment Company and its subsidiary, the Saudi Investment and Finance Corporation (SIFCORP), now stands at 7.67mn shares....