Financial and Banking News


NIC Issue Coolly Received

The public subscription of shares in the National Industrialization Company (NIC) of Saudi Arabia resulted in a small number of shares being left unaccounted for, according to a statement on 15 January by NIC's chairman and founder shareholder, Mr. Mahsoun Jalal with the unsubscribed shares being placed privately after the public subscription period closed at the end of January. A total of 65,000 investors...