Türkiye plans IPOs for state energy companies, minister says

Türkiye plans IPOs for state energy companies, minister says

State-owned energy companies include electric transmission company TEIAS, electricity producer EUAS, gas grid operator BOTAS and oil and gas developer TPAO

Lulu Retail boosts IPO size to 30% on strong demand

The price range for the shares remains unchanged at between Dhs1.94 and Dhs2.04 per share

Abu Dhabi’s ADNH Catering plans to list 40% on local bourse

Abu Dhabi’s ADNH Catering plans to list 40% on local bourse

The catering firm is offering 9 billion shares, representing 40 per cent of the company’s total issued share capital

OQ Exploration and Production seeks to raise $2bn from IPO

OQ Exploration and Production seeks to raise $2bn from IPO

The IPO attracted six cornerstone investors, including Al-Hosn Investment Company, Bank Dhofar and Tanmia, which agreed to subscribe for shares worth as much as OMR156m

Etihad Airways reportedly plans to list in 2025

Abu Dhabi’s Etihad Airways plans IPO no earlier than 2025, report says

The airline had planned to go public this year, but it decided to wait until 2024 to showcase its strong financial performance

NMDC Energy’s shares surge above 20% on trading debut

NMDC Energy’s shares surge above 20% on trading debut

The construction and dredging services firm offered 1.15 billion shares in NMDC Energy, and the offering was 31.3 times oversubscribed

OQ Exploration and Production to float IPO on Muscat Stock Exchange

Oman IPO: OQ Exploration and Production to float 25% stake on MSX

The subscription period is expected to commence this month, with the listing anticipated in October

Fourth Milling Company to float IPO on Saudi's Tadawul Image for illustrative purposes GettyImages-1255343916-e1723528847456

Fourth Milling Company to float IPO on Tadawul

The company has a robust presence in the Saudi flour market, and it is known for its premium FOOM brand, which holds the largest market share

Delivery Hero prepares IPO of Talabat on Dubai bourse

The IPO remains subject to market conditions and regulatory approval from the Securities and Commodities Authority

Al Majed for Oud to list 30% stake in Riyadh

Saudi Arabia’s Al Majed for Oud to sell 30% stake in Riyadh IPO

The perfume retailer is offering 7,500,000 shares to investors—equivalent to 30 per cent of the company’s paid-up capital

Saudi's SEDCO Capital to launch public IPO fund

Saudi’s SEDCO Capital launches IPO investment fund

SEDCO Capital’s new fund is expected to attract both local and international investors, offering them a vehicle to tap into the growing Saudi market

MENA IPOs in Q2 2024 GettyImages-1317703626

MENA region sees 14 IPOs valued at $2.64bn in Q2 2024

Eight out of the 14 MENA IPOs in Q2 2024 delivered positive returns by the end of June, with Miahona Company achieving the highest gain of 90.4 per cent