Home

Rasmala Holdings Ltd

EIIB acquires 35 pct stake in Rasmala

Thu, 2012-01-12 11:40 — newsdesk

European Islamic Investment Bank is going to invest $16 million over 12 months in Rasmala Holdings Ltd through a financing facility convertible into shares representing about 35% of the group's enlarged capital.
Rasmala chairman Ali Shihabi stated that Rasmala chief executive Anwar Abu Sbaitan would continue in that role.

Source: 

http://af.reuters.com/article/egyptNews/idAFL6E8C60WH20120106

Syndicate content