Top Middle East Broadcaster MBC Floats 10% Stake on Saudi Stock Market Seeking $222 Million ...Middle East

Saudi-owned MBC Group, the Middle East’s top broadcaster, has announced it is floating a 10% stake on the Riyadh stock exchange seeking to raise up to 831 million riyals ($222 million) in a move to boost growth and help fuel its output of high-end productions. “Institutional and retail investors will be allowed the opportunity to […]

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