Saudi Arabia
Bloomberg: The largest IPO in Saudi Arabia since Aramco
22 localization and capacity building agreements were announced
Long-term bonds part of credit facility
Net profit amounted to 587.7 million riyals ($156.64 million) at the end of 2021
City located in the Irqah neighborhood, in a 3.4 km2 area
The project provides more than 10,000 job opportunities
Anticipation of an economic contribution reaching $186.6 million
Non-oil sector constituted 88% of the total increase in actual revenues
A mega IPO-filled 2021 is encouraging large companies to sell shares
Aramco announces in March its top financial results for 2021
SMEs among the most important drivers of economic growth
Sustainability in the Aramco hierarchy of priorities
STC net profit increased by 316 million riyals from the previous year
It’s the second such increase since 2019
The airline has a global network of over 120 cities
BNPL is framed as an interest-free alternative to credit card payments
The number of Saudis in the labor market reached over 1.9 million
The Saudi mining sector in 2021 reached 83 billion riyals ($22.41 billion)
Saudi expects an inflation rate of 1.3% in 2022, and 2% in 2023 and 2024
PIF’s ranking rose to sixth in the world, having compiled assets worth $580 billion
Saudi is one of the world’s fastest-growing countries in manufacturing
Transfer part of Saudi's long-term strategy to restructure its economy
Prosperity7 was designed for the development of next-generation technologies
