IPO

German food-ordering giant Delivery Hero is preparing an initial public offering of its Emirati subsidiary Talabat on the Dubai stock exchange in the fourth quarter of this year. Delivery Hero may pursue a listing by selling a portion of…
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Saudi Arabia led the Gulf Cooperation Council’s initial public offering market in the first half of 2024, raising $2.1 billion in what was an annual increase of 141 percent, an analysis has revealed. In its latest report, Kuwait…
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Saudi Arabia's Public Investment Fund has appointed SNB Capital as one of the banks leading on a planned initial public offering of the Kingdom's largest medical procurement firm. A spokesperson for SNB Capital verified its involvement…
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The UAE’s stock market capitalization has surged by 21.3 billion dirhams ($5.79 billion) this year, thanks to three new initial public offerings launched since the beginning of 2024, according to a new analysis. Alef Education Holding,…
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Saudi Arabia led the Gulf Cooperation Council initial public offering market with an annual 594 percent surge in the first quarter of 2024, according to Kuwait Financial Centre. A report issued by the organization, commonly known as…
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An array of robust and diverse initial public offerings are poised for the Saudi Exchange thanks to new initiatives aimed at attracting international investors, the bourse’s CEO has revealed. Addressing a panel discussion themed…
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Saudi-based fintech Rasan Information Technology Co. is set to offer 22.74 million shares for an initial public offering on the Kingdom’s main market. The company, along with its subsidiaries, will list the shares, which represent 30…
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Saudi Arabia’s Riyad Bank has approved the assessment and preparation of an initial public offering of its investment banking unit, Riyad Capital. According to a Tadawul statement, the board of directors are considering listing the…
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Government pledges for privatization will drive the momentum of initial public offerings in the Gulf Cooperation Council region in 2024, according to Fitch Ratings. In its latest report, the credit rating agency said that the sale of…
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Saudi Arabia is set to hire Citigroup Inc, Goldman Sachs Group Inc. and HSBC Holdings Plc for a secondary share sale in Saudi Aramco, a deal that would raise about $20 billion, Bloomberg News reported on Thursday, citing people familiar…
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