The total trading value on the DFM rose by 4 per cent, to Dhs48bn, in the first half of 2024
Etihad had an operating fleet size of 92 aircraft in H1 2024 compared to 76 in the same period the previous year
The company was part of a wider privatisation programme under Saudi Arabia’s Vision 2030 strategy aimed at diversifying the oil-dominated economy
The final offer price was set at SAR7.50 per share, at the top end of the price range, raising gross proceeds of approximately SAR900m
The shareholders are offering 1.4 billion shares, equivalent to 20 per cent of the company’s total issued share capital
The company owns one of Dubai’s biggest party hotels, where guests can park their supercars inside a nightclub for $2,723 (Dhs10,000)
Alef is offering the shares in two tranches, with the edtech firm expected to debut on the Abu Dhabi Securities Exchange on June 12
The company priced its IPO at the top of the range, selling its shares at 500 fils apiece to raise KWD45m
The energy firm expects to pay $31bn in dividends, despite reporting lower earnings for the first quarter
The food hall, covering 4,950 square feet, is located on the Lower Ground Floor in Dubai Mall
The company priced its IPO at the top of the previously announced range, selling its shares at SAR37 per share apiece to raise SAR841m
The first tranche subscription period is expected to run from May 28 to June 4, with the second tranche subscription period expected to end on June 5
Saudi Manpower Solutions Company (SMASCO) has determined the final offer price at SAR 7.5 per share for its IPO
dnata’s chief executive Steve Allen says “there is significant scope for consolidation in airport ground handling globally”
The holding firm has hired National Investments Company and EFG-Hermes UAE as joint bookrunners and global coordinators on the deal
The pricing of SAR57.5 per share implies a market valuation of around SAR13.3bn at listing
The company’s gross profit surged by more than 15 per cent YoY to reach Dhs336m in Q1 2024
The airline carried 4.2 million passengers in the January-March period, while passenger revenue came in at Dhs966m
The company’s shares started trading at Dhs1.70, against its IPO price of Dhs1.53, the top end of the price range
Sheikh Ahmed provided an insight into the decision-making process surrounding the question of an Emirates IPO
The fintech firm is offering 5.3 million new shares and 17.4 million existing shares to investors – equivalent to 30 per cent of the company’s paid-up capital
The hospital group is offering 49.8 million shares, equivalent to 21.47 per cent of the company’s total issued share capital
The new platform is a regulated alternative to conventional financing routes and helps private companies access capital markets
The company priced its IPO at the top of the previously announced range, selling its shares at Dhs1.53 per share to raise $375m (Dhs1.38bn)
The supermarket chain aims to raise up to Dhs1.38bn($375m) from its IPO
The healthcare group plans to offer 30 million new shares and 19.8 million existing shares to investors – equivalent to 21.47 per cent of the company’s paid-up capital
Miahona was established as one of the first proponents of the public-private partnership (PPP) model in the kingdom
The subscription period for UAE retail investors will run from April 23-29, and for professional investors until April 30
FIVE Hotel Group could be valued at $2.5-$3bn as per internal estimates
Gulf markets have been riding an IPO boom over the last two years on high oil prices and foreign institutional investor interest