Results for
IPO
89 Results-
Abu Dhabi’s ADNOC Logistics & Services trades 44.8 percent over IPO price in debut
Shares in Abu Dhabi’s ADNOC Logistics & Services climbed 44.8 percent above their listing price on its market debut on Thursday, after raising $769 ... Energy -
Saudi flour milling company’s IPO pulls in $18 bln of orders
Saudi Arabia’s First Milling Co. set the price for its initial public offering at the top of the marketed range after being swamped by institutional ... Financial Markets -
Klaviyo files confidentially for US IPO: Report
Data and marketing automation firm Klaviyo Inc confidentially submitted paperwork on Friday with US regulators for an initial public offering (IPO) in ... Technology -
Adnoc to sell 15 pct stake in logistics, shipping unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15 percent stake in its logistics and shipping unit in an initial public offering, kicking off the second ... Economy -
Saudi Arabia’s Jamjoom Pharma to sell 30 percent stake in local share sale
Saudi Arabia’s Jamjoom Pharma said it plans to sell a 30 percent stake through a domestic initial public offering.The Jeddah-based company, which ... Financial Markets -
Shares of UAE's Al Ansari Financial Services up 16.5 percent on market debut
Shares in UAE-based currency exchange company Al Ansari Financial Services climbed 16.5 percent above its listing price on its market debut after ... Financial Markets -
Abu Dhabi energy giant ADNOC seeks near $1 billion in logistics unit IPO
Abu Dhabi’s main energy company is seeking to raise about $1 billion from the initial public offering of its shipping and logistics unit, according to ... Energy -
Al Ansari owners raise $210 million in Dubai’s first IPO of 2023
The owners of remittance and money exchange firm Al Ansari Financial Services raised 773 million dirhams ($210 million) after pricing shares at the ... Financial Markets -
Abu Dhabi’s Presight AI soars on market debut
Shares in Abu Dhabi big data analytics company Presight AI climbed as much as 176 percent on their stock market debut after raising 1.82 billion ... Financial Markets -
Dubai’s first IPO of the year sells out in under an hour
The Dubai initial public offering of remittances and money exchange firm Al Ansari Financial Services received orders for all shares offered within an ... Financial Markets -
JLR owner Tata seeks to sell engineering unit stake in India IPO
Tata Technologies Ltd. has sought approval from India’s markets regulator for an initial public offering in which its parent carmaker Tata Motors Ltd. ... Financial Markets -
Peninsula Real Estate in talks with Abu Dhabi firm over pre-IPO funding
Peninsula Real Estate is in talks with Abu Dhabi investment group Yas Holding to secure funding ahead of a planned initial public offering, according ... Property -
UAE-based money exchange Al Ansari doubles dividend payout ahead of Dubai IPO
Al Ansari Financial Services plans to double its dividend for 2023 ahead of its upcoming initial public offering, according to people with knowledge ... Financial Markets -
Gulf IPO rush resumes as UAE oil giant ADNOC plans largest deal of 2023
The United Arab Emirates’ national oil company plans to raise $2 billion or more by listing its natural gas business in what could the largest initial ... Energy -
Adnoc reveals record income for gas business ahead of IPO
The United Arab Emirates’ national energy company has started pitching an initial public offering of its gas business to investors, according to ... Energy -
Asia’s richest man Adani plans on IPOs for at least five companies
Asia’s richest man, Gautam Adani, plans to sell shares to the public in at least five companies between 2026 and 2028, helping the port-to-power ... Economy -
Saudi Arabia developer Umm Al Qura picks banks for IPO
Saudi property developer Umm Al Qura for Development & Construction Co. is working with banks including Lazard Ltd. on its planned Riyadh initial ... Financial Markets -
Saudi Aramco refiner drops in debut after $1.3 billion IPO
Saudi Aramco Base Oil Co., a refining unit of the state-owned oil producer, slumped in its trading debut following an initial public offering that ... Energy -
Saudi Aramco’s oil subsidiary Luberef expects to raise up to $1.32 bln from IPO
Saudi oil giant Aramco’s base oil subsidiary Luberef expects to raise up to 4.95 billion riyals ($1.32 billion) from its initial public offering, it ... Energy -
Dubai district cooling firm Empower rises in trading debut after $724 million IPO
Emirates Central Cooling Systems Corp. rose in its Dubai debut following an initial public offering that attracted $34 billion in orders, underscoring ... Financial Markets -
Middle East bucks IPO slump as investors flock to Saudi Arabia, UAE markets
Almost half of the listing proceeds in Europe, the Middle East and Africa this year come from the Arabian Gulf, as the region bucks a global downturn ... Financial Markets -
Dubai school operator Taaleem joins Middle East IPO boom
Dubai private school operator Taaleem Holdings PJSC is set to raise as much as $204 million in an initial public offering, the latest in a flurry of ... Financial Markets -
Dubai seeks to raise $362 million from Empower IPO
Dubai’s Emirates Central Cooling Systems Corporation (Empower) is set to raise up to 1.33 billion dirhams ($362.1 million) from its initial public ... Business -
Saudi Arabian utility Marafiq’s IPO draws $53 billion in orders
Saudi Arabian utility Marafiq priced its initial public offering at the top of a marketed range to raise 3.36 billion riyals ($897 million) in the ... Financial Markets -
Dubai district cooling firm Empower to sell ten percent stake in IPO
Dubai plans to sell a ten percent stake in Emirates Central Cooling Systems Corp., the city’s fourth privatization this year as part of a drive to ... Financial Markets -
Silver Lake backs Abu Dhabi firm Bayanat’s $171 million IPO
Bayanat, a geospatial and data analytics firm owned by Abu Dhabi’s G42, is set to raise $171 million in an initial public offering backed by US ... Financial Markets -
Abu Dhabi G42-owned Bayanat seeks to raise $171 mln from IPO
Bayanat, a geospatial and data analytics firm owned by Abu Dhabi’s G42, plans to raise $171 million from an initial public offering, joining a steady ... Financial Markets -
UAE supermarket chain Lulu hires Moelis for IPO: Report
Abu Dhabi-headquartered supermarket chain Lulu Group International is planning an initial public offering and has hired investment bank Moelis & Co to ... Financial Markets -
Saudi Arabian utility Marafiq seeks to raise $897 mln in share sale
Marafiq, the Saudi Arabian utility whose shareholders include Aramco and Sabic, aims to raise as much as $897 million from an initial public offering ... Economy -
Dubai road-toll operator Salik’s shares rise 20 pct on market debut
Dubai road-toll operator Salik rose 20 percent above its listing price on its market debut on Thursday in a sign that investors still have appetite ... Banking & Finance