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Results for
IPO
44 Results-
ADNOC and Borealis to float 10 pct stake of joint venture polymer giant Borouge
Abu Dhabi National Oil Company (ADNOC), together with its long-standing partner Borealis AG, announced on Wednesday an intention to float 10 percent ... Economy -
India’s decision to list state-run insurer LIC based on ‘strong market demand’
India’s decided to go ahead with state-run Life Insurance Corp’s (LIC) initial public offering (IPO) in May due to strong market demand and a “solid” ... Economy -
Dubai’s Empower to go public ‘soon:’ CEO
Dubai’s central air conditioning provider Empower will float publicly soon, but not in the first quarter of 2022, Dubai Electricity and Water ... Gulf -
DEWA shares surge as company makes trading debut in 2022’s second-largest IPO
Dubai Electricity & Water Authority (DEWA) jumped in its trading debut after raising $6.1 billion in the world’s second-biggest initial public ... Gulf -
Dubai’s DEWA says increases IPO size to 17 percent, could raise as much as $5.7 bln
Dubai Electricity and Water Authority (DEWA) more than doubled the size of its initial public offering (IPO) on Tuesday, meaning it could raise as ... Financial Markets -
Dubai’s DEWA set to be among world’s largest listed utilities
Dubai’s main power and water company is set to join the ranks of the world’s largest utilities after unveiling plans to list at a $34 billion ... Gulf -
DEWA plans to list 6.5 pct stake in what could be Dubai’s biggest IPO
State-owned Dubai Electricity & Water Authority (DEWA) plans to sell a 6.5 percent stake in what could be the city’s biggest initial public ... Financial Markets -
Oman to list 35 state-owned companies in five years: Bourse CEO
Oman aims to list 35 state-owned enterprises in the next five years and plans to take one or two oil companies public this year, the CEO of the Muscat ... Financial Markets -
Gulf IPOs plow ahead as other regions go quiet amid volatility with war in Ukraine
Initial public offerings in the Gulf are proving resilient to the volatility hurting deals in other markets, as high oil prices, stable economies and ... Financial Markets -
Saudi Arabian miner AMAK set to raise up to 1.25 billion riyals in IPO
Saudi Arabia’s Al Masane Al Kobra (AMAK) Mining Co is set to raise up to 1.25 billion riyals ($333.18 million) in its initial public offering, after ... Financial Markets -
Saudi Arabia’s leading pharmacy chain Nahdi to join spate of IPOs
Nahdi Medical Co, Saudi Arabia’s market leader in retail pharmacy, on Sunday announced its intention to list on the local bourse by selling 30 percent ... Economy -
Saudi Tadawul has 50 IPO applications for 2022, looking at SPAC model
Saudi Tadawul Group has received 50 applications for initial public offerings (IPO) next year, of which 20 percent to 25 percent are for main-board ... Financial Markets -
China’s Twitter-like social media platform Weibo slips on Hong Kong debut
China’s Twitter-like social media platform Weibo debuted on the Hong Kong stock exchange on Wednesday but slipped in early trade as investors remain ... Technology -
Dubai utility DEWA hires Citi, HSBC for top roles in upcoming IPO: Sources
Dubai Electricity & Water Authority (DEWA) has hired Citigroup and HSBC in top roles for its upcoming initial public offering (IPO) which could raise ... Economy -
Saudi Tadawul Group sets price range for IPO at $25 to $27 per share
Saudi Tadawul Group sets a price range for its initial public offering at $25 (95 SAR) to $28 (105 SAR) per share, Al Arabiya reported.For the latest ... Gulf -
Emirates says IPO a possibility for famed long-haul carrier
The president of long-haul carrier Emirates said Tuesday that an initial public offering of stock in the Dubai-based airline could happen as the ... Aviation & Transport -
China regulator proposes cybersecurity review for some firms planning Hong Kong IPOs
China’s cyberspace regulator on Sunday published draft rules proposing that companies planning Hong Kong initial public offerings be required to apply ... Technology -
Dubai Holding weighing IPO of TECOM Group: Sources
Dubai Holding, the investment vehicle of Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum, is weighing an initial public offering of business park ... Business -
Saudi Tadawul Group to offer 30 pct of company’s capital in IPO
Saudi Arabia’s Tadawul Group announced it will proceed with the initial public offering (IPO) to list its ordinary shares in the Kingdom’s stock ... Financial Markets -
Dubai to list DEWA as public company: Deputy ruler
The Dubai government plans a stock market flotation of utility Dubai Electricity & Water Authority (DEWA), it said on Tuesday, among 10 state-backed ... Gulf -
Volvo shares soar after company’s IPO
Shares of the Swedish car brand Volvo debuted Friday on the Stockholm stock exchange, with the price rising sharply in early trading.For the latest ... Financial Markets -
Abu Dhabi launches $1.4 bln IPO fund to boost stock market
Abu Dhabi’s Supreme Council for Financial and Economic Affairs on Tuesday launched a $1.4 billion (Dh. 5 billion) IPO fund to strengthen Abu Dhabi ... Financial Markets -
Saudi ACWA Power International shares jump 30 percent over listing price in debut
Shares in utility Saudi Arabian developer ACWA Power International jumped 30 percent above its listing price on its Riyadh market debut on Monday.For ... Financial Markets -
Egypt begins IPO of state payments firm e-finance for retail investors
Egyptian state-controlled payments firm e-finance for Digital and Financial Investments began an initial public offering (IPO) for retail investors on ... Financial Markets -
ACWA Power IPO, biggest since Aramco, set for Riyadh trading debut
ACWA Power International, Saudi Arabia’s first $1 billion initial public offering since Aramco, is set to start trading in Riyadh on Monday.The $1.2 ... Financial Markets -
World’s biggest shipbuilder Hyundai Heavy sails away on market debut
Shares in the world’s biggest shipbuilder Hyundai Heavy Industries more than doubled from their initial public offering price when they made their ... Economy -
UAE oil producer Adnoc to list drilling unit in likely largest Abu Dhabi IPO
Abu Dhabi National Oil Co. is planning to sell shares in its drilling unit in what would rank among the largest initial public offerings in the ... Energy -
Saudi Arabia’s utility developer ACWA Power plans IPO on Riyadh bourse
Saudi Arabian utility developer ACWA Power on Thursday announced its intention to float on the Riyadh bourse in an initial public offering (IPO) ... Energy -
China tech rally fizzles after report on tighter IPO listing rules
Chinese technology shares dipped in the afternoon following a report by Dow Jones that China will propose new regulations to block companies with ... Technology -
Dubai-headquartered startup to become first Middle East unicorn on Nasdaq
Dubai-headquartered transport startup Swvl will list on the Nasdaq stock exchange, claiming to be the first $1.5 billion unicorn from the Middle East ... Financial Markets