- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:57 06:11 12:27 15:53 18:37 19:51
Kuwaiti petrochemical company Ikarus said it would list its shares on the Kuwaiti stock market on Monday. The company had sold shares worth 75 million dinars ($282.5 million) ahead of the listing, according to its prospectus. Ikarus's biggest shareholder is Kuwaiti industrial conglomerate National Industries Holding Group with a 48.5 per cent stake, according to the prospectus. Ikarus, which is a shareholder in petrochemicals firm Saudi International Petrochemical Co (SIPCHEM), said in March it was considering energy investments of about $200 million in Singapore and India, with investment firm Noor Financial Investment Co. (Reuters) |
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