Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) on Monday said that the initial public offerings (IPOs) of the companies on the Saudi Stock Exchange (Tadawul) reached nine at a value of SAR 3.173 billion during the first half of 2017. …
Mubasher: Boubyan Petrochemical said that the Saudi Capital Market Authority (CMA) approved on 21 September issuing 8.19 million of Arabian Waterproofing Industries Co.’s (Awazel) shares for the initial public offering (IPO). This stake represents …
Mubasher: The Kuwait Authority for Partnership Projects (KAPP) has appointed a consortium led by NBK Capital as the advisor and offering manager for the initial public offering (IPO) of Shamal Az Zour Al Oula to Kuwaiti citizens. NBK Capital will …
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ADNOC) is planning to list more than 10% of its fuel distribution business on the Abu Dhabi Securities Exchange (ADX) at the beginning of 2018, sources told Reuters. ADNOC will list another …
Dubai – Mubasher: Bank of America Merrill Lynch and First Abu Dhabi Bank (FAB) are set to join Goldman Sachs in getting roles in the share sale of Emaar Properties’ UAE real estate development business, Reuters quoted sources as saying on Tuesday. …
Riyadh – Mubasher: The subscription in Zahrat Al Waha shares reached 267% of total shares for retail investors by the end of the eighth subscription day on 21 August, Saudi Fransi Capital said on Monday. The 900,000 shares for retail investors …
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) on Monday approved Alinma Investment Company’s request to offer units of the Alinma Makkah Real Estate Fund in an initial public offering (IPO) as a real estate investment traded (REIT) …
Riyadh – Mubasher: The subscription in Zahrat Al Waha shares reached 106.4% of total shares for retail investors by the end of the fourth subscription day, 17 August, Saudi Fransi Capital stated on Thursday. The 900,000 shares for retail investors …
Riyadh – Mubasher: The subscription in Zahrat Al Waha shares reached 43.3% of total shares for retail investors by the end of the third subscription day, namely 16 August, Saudi Fransi Capital said on Wednesday. The 900,000 shares for retail …
Mubasher: The performance of initial public offerings (IPOs) in the GCC witnessed a slowdown during the second quarter of 2017 in the number of offerings and total proceeds raised, according to a report by PricewaterhouseCoopers (PwC) on Monday. …
