#IPO

Oil giant Aramco regains top spot from Apple as tech rally fades

Apple and Aramco are the only two companies to have achieved valuations of $2 trillion

BinDawood acquisition

BinDawood said to seek as much as $580m from Saudi IPO

BinDawood plans to sell 22.86 million shares through a book-building process

Saudi car rental firm Theeb hires Fransi Capital for IPO

The IPO could happen next year, depending on how quickly the company recovers from the impact of the coronavirus outbreak

Saudi Arabia’s Al Othaim family said to plan IPO for malls unit

The sale may happen in the first half of 2021

Amlak International announces intent to list on Saudi bourse

The offering will comprise of 27,180,000 ordinary shares

Four MENA IPO deals raise $814.2m in Q1 2020

Globally, 235 IPOs raised $28.5bn in Q1 2020, compared to $15.1bn in Q1 2019

Saudi Aramco is first oil major to regain pre-price-war share price

Aramco’s recovery has been achieved on much smaller share volumes than its international counterparts

Aramco keeps $75bn dividend promise even with oil’s plunge

The kingdom needs an oil price of $84 to balance this year’s budget

World’s biggest IPO just got bigger: Saudi Aramco IPO at $29.4bn

Goldman Sachs Group, one of the underwriters of the deal, exercised the over-allotment option and increased the offering

Dubai’s Al Habtoor To Raise $1.6bn In IPO

The family-owned business plans to issue new shares as it prepares to float on the stock market.