Articles > Newspapers > International Newspapers, Local Markets Li-Z > TradeArabia (Manama, Bahrain) articles > September 2008

Article: Dubai Group takes stake in Mazaya Saudi.

Article from:
TradeArabia (Manama, Bahrain)
Article date:
September 14, 2008
Copyright

Byline: Dubai

(Image: mazaya.gif )

Dubai Group has become a founding shareholder in Mazaya Saudi for Commercial Investment Co after subscribing to a 20 per cent stake in it.

Dubai Group is the financial services company of Dubai Holding.

The transaction was completed through its subsidiary Dubai Capital Group, which has invested approximately Dh500 million ($135 million) in the Saudi company's equity.

As a founding shareholder, Dubai Capital Group will play an important role in the development of the company and will be represented on its Board of Directors.

Soud Ba'alawy, executive chairman, Dubai Group, said: "As ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Mazaya Saudi Entering the Saudi Real ...
Al Bawaba;  July 2, 2008 ;     700+ words ...Mazaya Saudi Entering the Saudi Real Estate Market * Esbaitah: Mazaya Saudi secured a new state-of-the-art ... well positioned to enter the Saudi real estate market with full force Mazaya Saudi has announced that the Company has ...

Article: Mazaya Saudi Entering the Saudi Real ...
Albawaba.com;  July 2, 2008 ;     700+ words ... ... operations in the Kingdom. Mazaya Saudi Entering the Saudi Real Estate Market  Esbaitah: Mazaya Saudi secured a new state ... to enter the Saudi real estate market with full force Mazaya Saudi has announced that ...

Article: The Launch of Mazaya Saudi with a Capital in Excess ...
Albawaba.com;  June 3, 2008 ;     700+ words ... ... Mazaya". Mazaya Saudi will operate as a real estate development ... leading regional real estate company by ... lucrative markets. Mazaya Saudi will be managed ... the Company. Mazaya Saudi will provide comprehensive real estate services for ...

Article: Dubai Group takes 20% stake in Mazaya Saudi.
Gulf News (United Arab Emirates);  September 15, 2008 ;     694 words ... ... as we believe Mazaya Saudi is ideally positioned ... booming Saudi real estate sector. We are ... Headquartered in Riyadh, Mazaya Saudi will invest in ... the kingdom's real estate sector, targeting ... office segments. Mazaya Saudi will have a paid ...

Article: Saudi Arabia : Dubai Group takes 20% stake in Mazaya ...
TendersInfo;  September 16, 2008 ;     484 words ... ... founding shareholder in Mazaya Saudi for Commercial Investment Co. LLC (Mazaya Saudi) after subscribing ... plans as we believe Mazaya Saudi is ideally positioned ... in the booming Saudi real estate sector. We are also ...

Article: Equity markets may fall further.
Gulf Daily News (Manama, Bahrain);  September 15, 2008 ;     534 words ... ... 136.1m) investment, or a 20pc stake in Mazaya Saudi, a real estate development firm in which Kuwait-listed Al Mazaya ... holds an important stake. Farid said he expected Mazaya Saudi, which aims to capitalise on rapid growth in the ...

Article: Markets nadir not yet says Dubai Capital.
TradeArabia (Manama, Bahrain);  September 14, 2008 ;     622 words ... ... million) investment, or a 20 percent stake, in Mazaya Saudi, a real estate development firm in which Kuwait-listed Al Mazaya ... holds an important stake. Farid said he expected Mazaya Saudi, which aims to capitalise on rapid growth in the ...

Article: Asiamoney awards Global as the "Best Investment Bank" in Kuwait
Al Bawaba;  June 11, 2008 ;     664 words ... ... the private placement for Mazaya Saudi Arabia and we have seen ... is worth mentioning that Mazaya Saudi will operate as a real estate development company in the ... available in the Saudi Arabian real estate sector, which is known ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives