The IPO drew overwhelming interest from institutional investors, with orders surpassing $45 billion
MENA IPOs
Latest in MENA IPOs
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
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
bonds
GCC IPOs increase in value despite volume slump in Q3 as bonds raise and Sukuks raise $9.6bn
GCC IPO market remains positive with a healthy pipeline of companies looking to launch IPOs
ADNH Catering
ADNH Catering IPO raises $235m with Abu Dhabi share offering
ADNH Catering market cap of $588m ahead of ADX listing
ADNH Catering
Abu Dhabi IPO: $558m ADNH Catering announces 40% share sale on ADX
Abu Dhabi National Hotels Company to sell of share of catering division in ADX IPO
IPO
GCC IPOs raised $3.6bn in H1; top 5 offerings revealed as Saudi and UAE lead markets
Gulf IPOs fell by 32 per cent in value compared to the first half of last year
DFM
Spinneys IPO: Shares jump over 9% in early trading on Dubai Financial Market
Spinneys successfully listed on Dubai Financial Market and saw immediate gains for shareholders
EY
UAE and Saudi Arabia IPOs hit $1.2bn in funding in Q1
MENA IPO activity remained strong in Q1 with 10 offerings between UAE and Saudi Arabia
DFM
Spinneys IPO: Massive demand sees supermarket giant valued at $1.5bn as offering oversubscribed by 64 times
Spinneys sees $19bn of interest from local, regional and international investors ahead of IPO
EY
MENA IPOs hit $10.7bn last year; Saudi leads way, Oman sets record, UAE sees 76% gain in one day
Middle East IPOs saw huge fall in total proceeds as markets recorded 48 offerings in 2023
IPO
Gulf IPOs raised $10.1bn in 2023 after 55% slump
Kuwait’s Markaz shares detail of decline in GCC IPO activity
Abu Dhabi Agriculture and Food Safety Authority
Crypto firm Phoenix rising after Abu Dhabi $370m IPO
Phoenix Group is first cryptocurrency firm to list on Abu Dhabi stock exchange
Adnoc Drilling IPO
MBC announces Saudi IPO plan to sell off 10 per cent of firm
Middle East broadcasting giant MBC to sell 10 per cent of company on Saudi stock exchange
Abu Dhabi Securities Exchange (ADX)
PureHealth announces 2023 UAE IPO plan
PureHealth will list IPO on Abu Dhabi Securities Exchange next month