Strong investor appetite meets cautious market conditions as UAE prepares for potential landmark listings
IPO
Al Markaz Industrial Development
GCC IPOs raised $13.2bn last year as UAE and Saudi markets dominate
The UAE led the GCC IPO market in 2024, with Saudi Arabia coming second
Artificial intelligence
Abu Dhabi-based BWI announces Blaize’s successful IPO on NASDAQ
The company’s listing was done through BurTech Acquisition Corporation, a Special Purpose Acquisition Company (SPAC) owned by BWI with a valuation of $1.2 billion
E-commerce
Online fashion retailer Shein plans London IPO by mid-2025: Report
The founded in China but now headquartered in Singapore company’s proposed initial public offering (IPO) could be completed as early as Easter, which is April 20
IPO
Saudi e-commerce firm Nice One raises $322mn in Main Market IPO
The IPO drew overwhelming interest from institutional investors, with orders surpassing $45 billion
Capital Markets
UAE, Saudi markets eye fresh wave of blockbuster IPOs after record 2024
A key trend emerging in both markets is the increasing appetite for technology and digital-first businesses
Capital Market Authority
Saudi Arabia’s IPO boom pulls in end-of-year retail demand ahead of busy 2025: Report
Saudi hospital operator Almoosa Health received enough retail demand to almost cover its entire SAR 1.69 billion IPO
Capital Market Authority
United Carton Industries gets CMA nod for Saudi IPO
The company plans to offer 12 million shares through the issue
DFM
Talabat launches on Dubai Financial Market after $2bn IPO, shares fall 7%
Talabat shares slip on first day of trading after $2bn IPO on Dubai Financial Market
Capital Markets
Saudi Arabia’s IPO market maintains Gulf lead with over $2.6bn raised in 2024: Report
The Kingdom raised $2.6 billion from IPOs in the first 9 months of 2024, a new report finds
Almoosa Health
Saudi’s Almoosa Health sets IPO price range, eyes $1.5bn valuation in healthcare listing boom
The hospital operator aims to raise up to $450 million by selling 13.29 million shares, representing 30% of its issued share capital
IPO
Nice One Beauty aims to raise $322mn in Riyadh IPO
Nice One Beauty IPO is to be priced in the range of SAR32 to SAR35 per share
Almoosa Health
Saudi healthcare provider Almoosa announces plans to float 30% on Tadawul
This follows September’s regulatory approval from the Capital Market Authority and comes amid a busy year for Saudi healthcare IPOs
Delivery Hero
Talabat increases IPO offering amid strong investor demand
The IPO’s total offering size has been increased to 4,657,648,125 shares, up from the previously announced 3,493,236,093 shares
Abu Dhabi
Abu Dhabi’s Alef Education included in MSCI UAE Small Cap Index
Inclusion comes within six months of its successful IPO and its subsequent listing on the ADX on 12th June
Almoosa Health
Saudi hospital operator Almoosa Health to launch IPO before year-end
The issue, when launched, could be one of the largest listings in the country this year
Delivery Hero
Delivery Hero’s Talabat IPO set to raise $1.5bn ahead of Dubai listing
Talabat’s IPO is expected to be one of the biggest in the UAE this year