Initial Public Offerings

25 September 07:58 PM Enppi IPO expected early 2018 - Minister
Cairo - Mubasher: The initial public offering (IPO) of Egypt’s Engineering for the Petroleum and Process Industries Company (Enppi) is expected to be carried out during the first quarter of 2018, according to the Egyptian investment minister. The …
Nine firms see IPOs in H1-17 at SAR 3.2bn – CMA
25 September 02:38 PM Nine firms see IPOs in H1-17 at SAR 3.2bn – CMA
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. …
The prospectus will be disclosed long enough before starting the IPO of Awazel
25 September 01:48 PM Saudi CMA nods to Boubyan Petrochemical’s associate IPO
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 …
The IPO will take place in the first quarter of 2018
11 September 05:13 PM KAPP appoints NBK Capital for Shamal Az Zour IPO
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 National Oil Company (ADNOC) plans to list more than 10% of its fuel distribution activities in the Abu Dhabi Securities Exchange (ADX) in the beginning of 2018
11 September 09:05 AM ADNOC may list business stake on ADX early 2018
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 …
The Dubai-based developer is considering an initial public offering (IPO) of up to 30% of the business by November
29 August 04:20 PM Bank of America, FAB to get roles in IPO of Emaar's UAE property unit
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. …
The 900,000 shares for retail investors make up 20% of the initial public offering's (IPO) total shares, which are 4.5 million, according to the firm's statement
21 August 02:49 PM Subscription in Zahrat Al Waha hits 267% 21 August – Saudi Fransi Capital
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 …
The Saudi Capital Market Authority (CMA) on Monday approved Alinma Investment Company’s request to offer Alinma Makkah Real Estate Fund’s units in an initial public offering (IPO)
21 August 11:50 AM Saudi CMA OKs Alinma real estate fund IPO
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) …
Subscribers reached 19,197, pumping SAR 48.8 million through 957,680 shares, by the end of the fourth day
17 August 03:06 PM Subscription in Zahrat Al Waha hits 106% on 4th day - Saudi Fransi Capital
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 …
The 900,000 shares for retail investors made up 30% of initial public offering (IPO) total shares which are 4.5 million shares
16 August 03:49 PM Subscription in Zahrat Al Waha shares reaches 43.3% by 16 August - Saudi Fransi Capital
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 …