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GCC rights issues up by 242%
- Middle East: Saturday, August 23 - 2008 at 11:02
A research by Trowers & Hamlins revealed the value of rights issues by Gulf based companies has increased to $15.76bn in 2007, 242% higher than the previous year. Rights issues by GCC based companies are mostly being used to fund regional and international expansion.
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Medilyn Manibo, Assistant News EditorSaturday, August 23 - 2008 at 11:02 UAE local time (GMT+4)
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