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In 2005, Almarai entered a new phase, transformed from a company with limited liability to a joint-stock company. The move was part of the company's IPO, as they floated 30% of the company shares on the Saudi Arabian stock market, the Tadawul. All shareholders, including The Savola Group, diluted their shares for the IPO to take place. However ...
Nayef bin Sultan Al Kabeer (born 29 January 1975) is a Saudi businessman who has been the chairman of the board of directors of Almarai Company since March 2020 when his father Sultan bin Mohammed resigned from the post. [1] Nayef bin Sultan is a member of the Al Kabeer cadet branch of the Saudi royal family.
Mohammed bin Saud Al Kabeer, father of Prince Sultan. Prince Sultan belongs to the Al Kabeer branch of the Saudi royal family. [2] This branch is the descendants of Saud bin Faisal bin Turki, Emir of Nejd, who was an uncle of King Abdulaziz, the founder of the present Kingdom of Saudi Arabia.
The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Meta's Facebook of misleading investors about the ...
WASHINGTON (Reuters) -The U.S. Supreme Court grappled on Wednesday over a bid by Meta's Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media ...
A man on trial for murder claims he killed a woman to protect her daughter from being sexually abused.. Zachary Hughes, a Juilliard-trained pianist, turned himself in to police in South Carolina ...
Alinma Bank’s founding shareholders are as follows: The Saudi Arabian Public Investment Fund (PIF), the Saudi Arabian Public Pension Agency (PPA) and the Saudi Arabian General Organization for Social Insurance (GOSI). Together they represent 30% of the bank’s share capital, all with equal shares.
Helmick spoke with ABC News' John Quiñones in a prison interview for a new “20/20” airing Friday, January 31, at 9 p.m. ET on ABC, and streaming the next day on Hulu.