Khaled Al Jaffali: No intention to sell Al Jaffali Group in an IPO soon

28/11/2014 Argaam

The Businessman; Khaled Al Jaffali said that there is no intention currently to sell Al Jaffali Group in an IPO in Saudi Exchange Market.
 

He added that Tadawul’s decision to allow foreign investment will attract huge Swiss capital by the beginning of 2015.


His comments came during his inauguration ceremony as an honoree consul of Switzerland in Jeddah; According to Al Jazeera newspaper.


According to Argaam; Al Jaffali Group Company was established in 1946 operating in the fields of Electric Power, Telecommunications and Cement as well as distributing many international Companies’ products within the Kingdom.

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