Tadawul marks 400th listing across all securities

Saudi’s Tadawul marks 400th listing across all securities

The Saudi Exchange played a pivotal role in facilitating more than SAR11.9bn ($3.2bn) raised through IPOs on the Main Market in 2023

Modern Mills Company starts trading on tadawul after successful IPO GettyImages-1057624978-e1636003123118

Modern Mills Company debuts on Tadawul; IPO generated $40bn in orders

The IPO involved the offering of 24,549,600 shares, constituting 30 per cent of the company’s issued share capital

GCC IPO momentum to remain robust in 2024

Here’s why the GCC IPO bonanza is here to stay

The GCC region is set to see more equity capital markets activity in 2024 as more companies are considering public listings amid a global slowdown

Saudi Manpower Solutions Company gets CMA nod to list IPO on Tadawul

Saudi Manpower Solutions Company gets CMA nod to list IPO on Tadawul

The IPO will offer 120,000,000 shares, representing 30 per cent of SMASCO’s total issued share capital

GCC markets update

GCC markets update: QE, DFM and Tadawul

Follow our live blog below to stay abreast of news and updates across the GCC markets

Shares in MBC Group soar 30% on Saudi exchange debut

Shares in regional broadcaster MBC Group soared 30 per cent on its debut on Saudi Arabia’s Tadawul stock exchange on Monday

Saudi PIF, holders to offer 30% stake in oil driller ADES IPO

Saudi PIF, holders to offer 30% stake in oil driller ADES IPO

The offering will consist of 338.7 million shares, which will include the issuance of 237.1 million new shares through a capital increase

Middle East IPOs raise $1.8bn Q2 2023

MENA stock markets maintain IPO momentum, raises $1.8bn in Q2 2023

Saudi Arabia dominated the region in terms of the number of listings, with four listings on the Tadawul’s main market raising $0.8bn

Jadwa divests stake in Luberef

Saudi Arabia’s Jadwa Investment divests stake in Luberef through IPO on Tadawul

The Luberef IPO marks the firm’s eighth private equity exit, and at SAR5bn the offering brings Jadwa’s aggregate private equity distributions to clients to SAR11bn

Saudi Exchange Tadawul

Saudi Exchange launches market-making framework for equity and derivatives markets

This step further enhances the Saudi Exchange’s appeal as an investment destination for investors and issuers, regionally and internationally

Saudi Stock Exchange CEO Sees Strong IPO Pipeline in Busy Year

Saudi stock exchange CEO sees strong IPO pipeline in busy year

The Middle East is having a banner year for IPOs on the back of high oil prices, investor inflows and strong demand for share sales

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

EFG Hermes completes advisory on $6.1 bn DEWA IPO

EFG Hermes has advised on other landmark listings such as ACWA Power’s offering on Tadawul and ADNOC Drilling’s milestone IPO on ADX

Saudi pharma retail chain Al Dawaa seeks $500m from IPO

The initial public offering’s price range has been set at SAR65-SAR73

Saudi stock exchange sets IPO offer price at top end of range

Tadawul set the price at SAR105 per share after an institutional book-building process

Saudi bourse Tadawul ends IPO wait, plans to list 30% stake

The offering could value it at between $3bn and $4bn

Saudi Arabia: EFG Hermes completes advisory on listing of ACWA Power

The listing is one of the largest offerings in the kingdom since Saudi Aramco’s IPO in 2019

Biggest Saudi IPO since Aramco jumps 30% on trading debut

ACWA Power is now valued at $14.2bn, making it one of the biggest listed companies in Riyadh

Saudi exchange Tadawul is said close to IPO at $4bn value

An IPO of Tadawul has been on the cards since at least 2016

Standard Chartered opens first branch in Saudi Arabia

The move widens the services Standard Chartered can offer in the country

SABIC to shortlist Citi, Morgan Stanley for specialty chemicals IPO

SABIC hasn’t decided on a venue for the sale


All Tadawul-listed issuers must offer disclosures in English and Arabic – Saudi regulator

The decision, taken by the Capital Market Authority, takes effect from January 1, 2021

Saudi exchange triples daily trading limits for new listings

Starting November 8, newly listed stocks will be allowed to rise or fall 30 per cent on their first three days of trading

Oil giant Aramco sticks with dividend even as profit crashes

Aramco will pay a dividend of $18.75bn for the quarter

Saudi stock market sees IPO activity returning after virus slump

The stock exchange is planning to complete its own share sale within the next 24 months

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

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