VOL. XLV
No 24
17-June-2002
SAUDI ARABIA
GIB To Be Financial Advisor ForSaudi Telecom Flotation
Gulf InternationalBank (GIB) announced that it has been chosen by the Saudi Ministry of Finance痴Public Investment Fund to advise on the partialflotation of shares in the Saudi Telecommunications Company (STC) (MEES, 10 June). The initial publicoffering (IPO) will be handled by GIB痴 corporatefinance division in Riyadhand is expected to take place later in the year. This will be the first majorIPO in...
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