UAE – Mubasher: UAE-based Finablr is set to float a stake of its shares of on the London Stock Exchange (LSE), Reuters reported. The payments and foreign exchange company is expected to launch its initial public offering (IPO) in May, while the …
Riyadh – Mubasher: Saudi-based Arabian Centres Company on Tuesday announced that the net proceeds from its planned initial public offering (IPO) will be used in slashing debt along with achieving general corporate purposes, according to a …
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has approved Arabian Centres Company’s request to float a 20% stake in an initial public offering (IPO). The Saudi shopping malls operator, owned by Fawaz Alhokair Group, will offer 95 …
Mubasher: The initial public offering (IPO) of Boursa Kuwait Securities Company is expected to take place in the first quarter of 2020, the chairman of Capital Market Authority (CMA) Board of Commissioners said. The real value of the company’s …
Dubai – Mubasher: Emirates NBD’s payment processing unit, Network International, announced that its entire issued ordinary share capital of 500 million shares has been admitted to the premium listing segment of the Financial Conduct Authority …
Dubai – Mubasher: Emirates NBD on Sunday confirmed that the Greenshoe option has been exercised by selling 15% of Network International’s offering size from the selling shareholders to Citigroup Global Markets Limited. The Dubai-based lender has …
Cairo – Egypt: The initial public offering (IPO) of Speed Medical Co’s shares was executed at a total value of EGP 21.53 million. The IPO was sealed through issuing 6.03 million shares representing 11.6% of the company’s issued capital at a value …
Abu Dhabi – Mubasher: Allen & Overy has advised Network International Holdings, the largest payment processing firm across the Middle East and Africa, on its GBP 2.2 billion ($2.88 billion) initial public offering (IPO) and listing on the premium …
Abu Dhabi – Mubasher: Mubadala Investment Company plans to consider an initial public offering (IPO) for its full-owned Spanish oil company, Cepsa, CEO of petroleum and petrochemicals at Mubadala Investment Musabbeh Al Kaabi told Bloomberg …
Abu Dhabi – Mubasher: UAE-based Finablr is mulling over floating a stake of its shares on the London Stock Exchange (LSE), Reuters reported. The initial public offering (IPO) of the payments and foreign exchange company could raise at least $200 …
Riyadh – Mubasher: Saudi Arabian Oil Company, better known as Saudi Aramco, expects to float parts of its stakes in some subsidiaries on the Saudi Stock Exchange (Tadawul), according to a prospectus issued by the kingdom-based oil giant. Saudi …
Dubai – Mubasher: Network International, an affiliated associate of Emirates NBD, on Monday announced the pricing range for its initial public offering (IPO) on the London Stock Exchange (LSE). The price range for the IPO has been set at 395 pence …
Cairo – Mubasher: Egypt is looking to net around EGP 8 billion in proceeds from the government initial public offering (IPO) programme in fiscal year 2019/2020, the Ministry of Finance (MoF) revealed on Monday. The government plans to offer …
Riyadh – Mubasher: Saudi-based ACWA Power is planning to launch an initial public offering (IPO) in the fourth quarter of 2018, Mohammed Abu Nayan, the company’s chairman, said. These plans still require the approval of the concerned regulatory …
Dubai – Mubasher: Network International, an affiliated associate of Emirates NBD Group, on Thursday has confirmed its plan to proceed with an initial public offering (IPO) on the London Stock Exchange (LSE). Further announcements will be made in …
Cairo – Mubasher: Three private Egyptian companies are planning to launch initial public offerings (IPOs) by the end of 2019. Two of the three companies have a combined market value of EGP 14 billion ($807.78 million), the Egyptian Exchange’s …
Cairo – Mubasher: Orange Egypt for Telecommunications is considering floating a stake on the Egyptian Exchange (EGX) again, the company’s CEO and managing director said. The telecom Egyptian subsidiary of France-based Orange has invested around …
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) on Monday has greenlighted the initial public offering (IPO) of Itqan Capital Saudi Equity Fund over the coming period. This approval should not be considered as a recommendation to …
Dubai – Mubasher: Network International, an affiliated associate of Emirates NBD Group, on Thursday announced that it plans to proceed with an initial public offering (IPO) on the London Stock Exchange (LSE). If Network International’s …
Riyadh – Mubasher: The initial public offering (IPO) of Al Moammar Information Systems Company has been oversubscribed by 1.1 times at SAR 45 per share. Slated for launching on 17 March on the Saudi Stock Exchange (Tadawul), the offering will last …
Cairo – Mubasher: The second phase of the Egyptian government's initial public offering (IPO) programme will be launched during the fourth quarter of 2019, the public business sector minister said. This phase will feature between six and seven …
Riyadh – Mubasher: Saudi Arabia’s Kingdom Holding Company (KHC) on Tuesday has said that its 2.30% subsidiary Lyft will be listed on Nasdaq Stock Exchange over the coming period. Lyft, which started business in 2012 is based in the US and provides …
Cairo – Mubasher: Banque Du Caire could postpone floating a stake on the Egyptian Exchange (EGX) to the first quarter of 2020, a government source said. Banks are currently settling procedures that make it difficult for them to file for initial …
Cairo – Mubasher: EFG Hermes Holding on Thursday announced that it has acted as the international coordinator and lead manager for floating an additional stake in Eastern Company on the Egyptian Exchange (EGX). Eastern Company’s further share sale …
Riyadh – Mubasher: The Saudi Arabian Oil Co, known internationally as Saudi Aramco, is expected to kick off its initial public offering (IPO) within two years, Okaz newspaper reported, citing the kingdom’s energy minister Khalid Al-Falih as …
