The central bank is offering 330 million shares in United Bank at a maximum price of EGP15.6 apiece
State-owned energy companies include electric transmission company TEIAS, electricity producer EUAS, gas grid operator BOTAS and oil and gas developer TPAO
OQ is offering 1.69 billion shares, equivalent to 49 per cent of OQ Base Industries’ total issued share capital, at Bzs106 to Bzs111 per share
The indicative share price of Dhs1.50 and Dhs1.60 per share implies a market valuation of around Dhs37.3bn at the top of the range
The offer period runs from November 24 to December 8, and the trading debut on the Bahrain Bourse is scheduled for December 19
The national airline reported a profit after tax of $368m (Dhs1.4bn), up from $222m a year earlier
Delivery Hero is offering 3.5 billion shares in Talabat at a nominal value of Dhs0.04 apiece, representing 15 per cent of its total issued share capital
The hypermarket chain operator initially planned to sell a 25 per cent stake and raise as much as $1.43bn, but it increased the size of the IPO
The listing would allow investors to invest in Oman’s only production company of methanol, ammonia and LPG products
The price range for the shares remains unchanged at between Dhs1.94 and Dhs2.04 per share
The indicative price range was set between SAR120 and SAR132 per share, implying a market capitalisation of between SAR3bn and SAR3.3bn
The indicative share price of Dhs1.94 and Dhs2.04 per share implies a market valuation of around $5.74bn (Dhs21.07bn)
The entire amount raised will be distributed to United Electronics Company (eXtra), the selling shareholder
Lulu plans to offer more than 2.582 billion shares in the IPO, which will run from October 28 to November 5, according to its intention to float document
The offering was priced at the top of its indicative range of 370-390 baizas per share and was oversubscribed by around 2.7 times, including anchor investors
The indicative share price of Dhs0.91 and Dhs0.96 per share implies a market valuation of around $588m at the top of the range
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
The Central Bank of Egypt is currently pursuing approval from the Financial Regulatory Authority and the Egyptian Stock Exchange
The indicative share price of SAR5 and SAR5.30 per share implies a market valuation of around SAR 2.8bn ($763.2m)
The milling firm said that the retail subscription period will run from September 18 to September 19
The construction and dredging services firm offered 1.15 billion shares in NMDC Energy, and the offering was 31.3 times oversubscribed
The subscription period is expected to commence this month, with the listing anticipated in October
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
The IPO remains subject to market conditions and regulatory approval from the Securities and Commodities Authority
Al Majed for Oud is offering 7,500,000 shares to investors – equivalent to 30 per cent of the company’s paid-up capital – at a price range of SAR90 to SAR94
The milling is offering the shares in two tranches — to institutional investors and retail investors — between September 1-19
The perfume retailer is offering 7,500,000 shares to investors—equivalent to 30 per cent of the company’s paid-up capital
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
For the first half of 2024, Parkin reported a 10 per cent increase in total revenue, reaching Dhs421m
ADNOC Distribution CEO Bader Al Lamki reveals the strategic pillars and innovative measures driving the company’s robust growth