IPO

Most recent

• Insurance companies set to launch Saudi IPOs

  Four firms win approval for offerings in April in bid to raise a total of $69m.

  Sector: Financial Markets

Sunday, 4 January 2009

• Mideast IPO activity slumps at end of 2008

  Ernst & Young says just three IPOs in Oct, Nov compared to 10 in same period in 2007.

  Sector: Financial Markets
• Nakheel in talks with bankers over IPO - report

  UK media report suggests developer could look at dual listing in Dubai and London.

  Sector: Financial Markets

Monday, 29 December 2008

• Saudi Atheeb telco plans $80mn IPO in January

  The Batelco-affliliated company will be the Kingdom's first initial offering since August.

  Sector: Technology

Thursday, 18 December 2008

• Drake & Scull eyes listing 'before end of 2008'

  EXCLUSIVE: Contracting giant's long-awaited IPO close to completion.

  Sector: Financial Markets

Sunday, 16 November 2008

• UAE developer to delay IPO

  Al-Benaa also reviewing projects due to market conditions, 'we need to look at all aspects', CEO says.

  Sector: Financial Markets, Real Estate

Wednesday, 5 November 2008

• ADX to target Asian dual listings

  Exchange has been in talks with banks to encourage Asian corporates, says chief exec.

  Sector: Financial Markets
• Kuwait's Jazeera Airways to delay Dubai listing

  Low-cost carrier's chief exec blames poor market conditions for postponement.

  Sector: Transportation, Travel & Hospitality, Financial Markets

Tuesday, 28 October 2008

• Abu Dhabi bourse sees 40-60 IPOs in pipeline

  Number of companies expected to double after change in law, says chief exec.

  Sector: Financial Markets

Monday, 27 October 2008

• Middle East 'still strong' on IPOs - report

  Ernst & Young says region resists global downturn in Q3, raising $3.6bn in 12 offerings.

  Sector: Financial Markets

Tuesday, 21 October 2008

• Zamil to delay IPO plans until after 2009

  EXCLUSIVE: Saudi industrial giant will sell shares but only when market conditions are right.

  Sector: Construction & Industry, Financial Markets

Monday, 20 October 2008

• Bahrain $265mn IPO to go ahead despite crunch

  Developer Naseej to seek funds from market in Nov., says business model unchanged.

  Sector: Banking & Finance, Real Estate

Sunday, 19 October 2008

• Gulf firms delay IPO plans amid market uncertainty

  But Saudi set to lead listing charge once markets stabilise, says markets expert.

  Sector: Financial Markets

Thursday, 16 October 2008

• Vodafone on new timetable for Qatar IPO bid

  Mobile phone giant hit with delay to proposed October sale of 40% shares.

  Sector: Financial Markets

Wednesday, 15 October 2008

• Electronics retail giant 'considering IPO move'

  New chief executive of Jumbo Electronics reveals listing on local exchange is 'possibility'.

  Sector: Retail

Thursday, 9 October 2008

• Emirates takes $400mn hit from fuel costs

  UPDATE 2: But Dubai airline says first half results are still better than expected.

  Sector: Transportation, Financial Markets

Wednesday, 8 October 2008

• Aston Martin looks to Gulf to raise $1.9bn

  British luxury car maker plans to sell shares in new Middle Eastern company, which might later be listed.

  Sector: Banking & Finance, Retail, Financial Markets

Wednesday, 17 September 2008

• Oil India asked not to use IPO cash in Iran, Sudan

  Banks ask firm to avoid new exploration and development in sanctions-hit states.

  Sector: Banking & Finance, Energy, Politics & Economics, Financial Markets

Sunday, 7 September 2008

• Saudi Al-Ittefaq Steel eyes Q4 IPO, expansion

  Top three Saudi steel producer looks to float 30% stake in Q4, 2008, says CFO.

  Sector: Construction & Industry, Financial Markets

Wednesday, 27 August 2008

• Dubai's Al Habtoor plans to sell 40% shares to public

  IPO next year will guarantee the continuity of company, says chairman.

  Sector: Financial Markets

MIDDLE EAST MARKETS DATA

• Abu Dhabi Securities Exchange
• Amman Stock Exchange
• Bahrain Stock Exchange
• Beirut Stock Exchange
• DFM General Index
• Kuwait Stock Exchange
• Muscat Securities Market
• Qatar Exchange