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
Americana Restaurants International received approval to sell a 30 per cent stake, or 2.53 billion shares
Salik is expected to commence trading on the Dubai Financial Market on September 29
Americana operates restaurants for brands including Baskin Robbins, Costa Coffee and TGI Fridays as well as KFC and Pizza Hut, according to its website
Discussions are ongoing, but no advisers have been hired
Nahdi’s IPO is the largest listing in the kingdom since Saudi Aramco raised almost $30bn in 2019
The company will sell a 45 per cent stake in the listing
A listing could come as soon as the middle of this year
In 2021, Abu Dhabi Ports handled 45 million tons of general cargo volumes
The company will commence trading on the main exchange from February 8
The government said last month it wants to sell shares in 10 companies, and it has been encouraging private and family-owned businesses to follow suit
Tecom’s business communities include Dubai Internet City, Dubai Media City, Dubai Design District and Dubai Industrial Park
The group will list on ADX’s main market on December 5
The programme encompasses incentives including financial and post-listing support
StarLink provides cybersecurity and cloud services across the Middle East, Africa and Turkey
DEWA reported net income of $1.3bn for 2019
October’s launch of two Bitcoin futures ETFs marked a major milestone for the industry
The offering could value it at between $3bn and $4bn
The move is part of accelerating new listings in various sectors
The company reported revenue of $1.55bn in 2020 and $1.26bn for the first six months of 2021
Response Plus Medical Holding specialises in medical emergency transfers from remote work sites with over 260 medical facilities
ADQ to remain a majority shareholder of Abu Dhabi Ports following the listing
The IPO gives Yahsat a market value of about Dhs6.7bn
Alpha Dhabi traded as high as Dhs20 in a direct listing
The Bitcoin Fund invests in long-term holdings of Bitcoin as a safer alternative to direct investments in the cryptocurrency
Batelco has hired the investment arm of Samba Financial Group as an adviser on the deal
The token rose as much as 4.3 per cent to $62,531
Trading on the shares begins on December 21
Meraas plans to acquire debt worth $1.16bn and convert it into new DXBE shares
Sawaeed Holding is the fourth ADX listing in 2020