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Initial Public Offerings

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23 September 04:09 PM ALEC Holding unveils price range for IPO on DFM, dividends
Dubai - Mubasher: ALEC Holdings has set the price range for its initial public offering (IPO) on the Dubai Financial Market (DFM) between AED 1.35 and AED 1.40 per share. The IPO values ALEC Holding at between AED 6.75 billion and AED 7 billion at …
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22 September 11:49 AM EFG Hermes concludes advisory on Jamjoom Fashion’s IPO
Mubasher: EFG Hermes, an EFG Holding company, has advised on Jamjoom Fashion Trading Company’s initial public offering (IPO) and listing on the Parallel Market (Nomu) of the Saudi Exchange. For the first time, EFG Hermes acted as both sole …
ALEC Holdings
15 September 02:57 PM ALEC Holdings plans to float 20% of share capital on DFM; operations focused in GCC
Dubai – Mubasher: ALEC Holdings intends to list 20% of its share capital on the Dubai Financial Market (DFM) through an initial public offering (IPO), with the IPO subscription period expected to run from 23 to 30 September 2025. The Investment …
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25 August 09:57 AM Jamjoom Fashion to float 30% of shares on Nomu
Riyadh - Mubasher: Jamjoom Fashion Trading Company plans to proceed with its initial public offering (IPO) to trade 2.38 million ordinary shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). The company intends to float 30% of its …
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24 August 07:02 AM Gathern secures $72m funding round led by PIF’s Sanabil Investments
Riyadh - Mubasher: Saudi peer-to-peer (P2P) vacation rental platform Gathern has raised $72 million in Series B funding, led by Sanabil Investments, a PIF subsidiary. The fundraising also witnessed the participation of STV, Pinnacle Capital, Nuwa …