BMG, SAIB for MedGulf IPO
13th Nov 2006, 16:07 GMT
MedGulf, one of the 13 co-operative insurance companies recently licensed by the Saudi Council of Ministers, has mandated BMG Financial Advisors and the Saudi Arabian Investment Bank to be the financial advisors, arrangers and underwriters for its IPO. MedGulf operates a wide portfolio of insurance products including motor, property and fire, marine, engineering, aviation and energy insurance as well as health and life insurance. [AMEInfo.com]
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