Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) approved Jadwa Investment Company’s request to publicly offer the Nafaqah Waqf Fund. The CMA stressed that this approval should not be considered as a recommendation to subscribe in the …
Riyadh – Mubasher: Saudi Arabia's BinDawood Holding will delay the initial public offering (IPO) planned for this month, as the group is witnessing some developments that should be disclosed to the financial market. The supermarket retailer will …
Riyadh – Mubasher: BinDawood Holding could price its initial public offering (IPO) at the top of its range after a bookrunner note said investors bidding below SAR 96 ($25.60) may not get an allocation, Reuters reported on Monday. Last week, the …
Cairo – Mubasher: MM Group for Industry and International Trade (MTI) and B Investments Holdings announced that Ebtikar Holding for Financial Investments appointed the Egyptian Financial Group Hermes Holding (EFG Hermes) to explore the various …
Riyadh – Mubasher: Saudi Telecom Company (stc) has asked international and local banks to pitch for roles in a potential initial public offering (IPO) of its products and services development arm, Solutions by STC (STCS), Reuters reported on …
Riyadh – Mubasher: BinDawood Holding has set an indicative price for its initial public offering (IPO), aiming to raise SAR 2.19 billion ($585 million) in a Riyadh listing, Reuters reported on Sunday. The supermarket retailer plans to offer 22.86 …
Riyadh – Mubasher: Arabian Centres Company sold on 10 September its entire remaining shares in Al Bawarij International Development and Real Estate Investment for SAR 40.398 million. The transaction’s impact will reflect on Arabian Centres’ …
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) intends to introduce futures contract in single stocks in the first half (H1) of 2021, Bloomberg reported on Tuesday citing the bourse’s CEO, Khalid Abdullah Al Hussan. The start of the …
Cairo – Mubasher: Banque du Caire is unlikely to sell a stake in an initial public offering (IPO) in 2020 due to the coronavirus (COVID-19) crisis, the bank’s Chairman, Tarek Fayed, told Reuters on Wednesday. The IPO will be postponed until the …
