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Article: Amara begins road show to raise $200m in GCC.
- Article from:
- Arab News (Jeddah, Saudi Arabia)
- Article date:
- October 23, 2008
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Byline: Khalil Hanware
JEDDAH: Amara Holdings, the newly-formed Shariah-compliant company, began road shows this month in Gulf Cooperation Council (GCC) countries in order to raise $200 million.
The road show will take place in Saudi Arabia, Kuwait, Qatar, UAE and Bahrain.
The Dubai-based Newhaven Investments House, which manages more than 16.5 billion dirhams ($4.5 billion) worth of assets, launched Amara Holdings Inc. earlier this month which focuses on pre-initial public offering, private equity and private placement facilities in China, India and Middle East and North Africa (MENA) region.
Amara Executive Chairman Musab Jassim ...