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Zain debuts on Tadawul

  • Saudi Arabia: Thursday, March 20 - 2008 at 09:18

Kuwait telco provider Zain's floats on the Saudi Tadawul this Saturday. But financial analysts have warned investors not to expect a big pay day once shares begin trading, according to Arab News. Instead they believe holding onto the shares for six months are likely to return bigger profits for investors. Zain's shares will open at SR10.

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