Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / Saudi Arabia

Elaj Group Plans IPO

April 2006 | Company Finance Alert

Saudi Arabian healthcare group Elaj Group is planning an IPO of up to SAR400mn (US$106.65mn) during the next six months, according to press reports. Such a move would be the first of its kind in the Saudi health sector, and the capital raised is to be used to establish new health centres in the country. Elaj currently owns 17 health centres in Saudi Arabia, UAE, Qatar and

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