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Prudential enters Saudi in JV
- Saudi Arabia: Thursday, June 07 - 2007 at 07:27
UK-based insurance giant Prudential will set up an Islamic life insurance joint venture with Bank Al Jazira, Reuters reported. Prudential will be the company's largest shareholder with a 39% stake. The company will float shares in an initial public offering and list on the Saudi bourse.
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James McInerney, News EditorThursday, June 07 - 2007 at 07:27 UAE local time (GMT+4)
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This article was updated on Sat Jun 16 2007.
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