RIYADH, Saudi Arabia - The CEO of Al Rajhi Financial Services Co. (Lead Manager and Sole Underwriter), Mr. Marcus Andrade, has announced that the allocation of the Al Rajhi Company for Cooperative Insurance (ARCCI) shares has been completed per recognition of The Capital Market Authority (CMA). The total number of subscribers is 902,049 which represents a total amount of SAR 538,926.500 and an oversubscription of 898%.
DUBAI - For the first time, Virgin Megastore, Middle East, presented the Virgin Megastore Platinum Award to the Arabic Superstar Ragheb Alama in recognition of the success of his latest Best-Selling album "Ba'sha'ak". Moreover, to acknowledge and highlight Ragheb's prosperous 25-year musical career.