#Saudi Exchange

Saudi Arabia’s Fakeeh Care Group to sell 21.47% stake in Riyadh IPO

Saudi Arabia’s Fakeeh Care Group to sell 21.47% stake in Riyadh 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

Olam Group delays listing agri unit on Saudi Exchange again

Olam Group’s Singapore-Saudi dual IPO plan for agri unit delayed again

The company said the delay was due to the regulatory framework still being finalised in Saudi Arabia to enable the listing of foreign companies

Saudi Arabia’s Avalon Pharma sets IPO price range

Saudi Arabia’s Avalon Pharma sets IPO price range

The company will offer six million shares, or 30 per cent of its issued share capital, on the Saudi Exchange

Avalon Pharmaceuticals partners with AlUla Peregrina

Saudi Arabia’s Avalon Pharma partners with AlUla Peregrina Trading

The patented formulas that will emerge from the collaboration will undergo a few months of formulation, tests and assessment process

Saudi Exchange Tadawul launches new index to track top 50 listed companies Image tadawul

Saudi Exchange launches TASI50 Index to track top listed firms

The launch of the real-time index advances the Saudi Exchange’s goal to provide investors with enhanced benchmark opportunities to help support Saudi Vision 2030’s Financial Sector Development Program

Avalon Pharma to sell 30% stake in Riyadh IPO

Saudi Arabia’s Avalon Pharma plans to list 30% on Tadawul

The pharmaceutical firm said the final offer price will be determined following a January 14-18 book-building period

MBC Group sets price range for IPO, seeks to raise $222m

Saudi Arabia’s MBC Group gets $14.5bn orders for IPO

The pricing of SAR25 per share implies a market valuation of around SAR8.3bn at listing

EFG Hermes concludes advisory on Lumi Rental’s $290m IPO

EFG Hermes concludes advisory on Lumi Rental’s $290m IPO

The offering marks EFG Hermes’ fifth IPO this year and is the latest in a series of transactions the investment bank has advised on in the GCC region

Saudi Arabia’s SAL Logistics IPO could fetch $678m

Saudi Arabia’s SAL Logistics seeks to raise $678m from IPO

The logistics firm set the price range at SAR98 and SAR106 per share, implying a market capitalisation on listing of as much as SAR8.5bn

SAL Saudi Logistics IPO

SAL Saudi Logistics to sell 30% stake via IPO on local bourse

The shareholders are offering 24 million shares in the cargo firm, equivalent to 30 per cent of the paid-up capital post-listing

EFG Hermes, Saudi Exchange showcase Saudi investment potential

EFG Hermes, Saudi Exchange showcase Saudi investment potential

The kingdom continues to be under-represented in the portfolios of emerging markets investors despite being the sixth index in the MSCI EM Index

First Mills IPO on Saudi Exchange

Saudi First Mills’ $266.4m IPO attracts bids worth $18bn

The milling company said big investors placed orders worth SAR68.8bn, almost 69 times more than was available to them

Morabaha Financing will list on Saudi Exchange

Saudi Arabia’s Morabaha Financing set to raise $83.4m in IPO

The company plans to use the net proceeds from the share sale to strengthen its capital base to support future growth

Saudi Pharma Jamjoom to list 30%

Saudi Arabia’s Jamjoom Pharma to sell 30% stake in IPO

The company secured approval from the Saudi Capital Market Authority to offer 21,000,000 shares, representing 30 per cent of its issued share capital

ASI index laincehd by Tadawul GettyImages-1057624978-e1636003123118

Saudi Arabia’s Tadawul launches TASI Islamic Index

The index will track the performance of companies listed as Shariah-compliant on the Saudi stock exchange

Saudi Exchange announces intent to launch single stock futures contracts in July

The new contracts mark the second derivatives product to be introduced in the exchange