IPO
Saudi Arabia's Umm Al Qura for Development & Construction led the quarter with the highest proceeds
IPO will include 33.83 million existing shares sold by current shareholders and treasury stock
EBITDA rose by 11 percent to $275 million, the highest first-quarter result since 2017 IPO
Dubai Residential REIT is expected to be the GCC’s largest listed REIT, with a gross asset value of AED21.63 billion
The new issue is structured efficiently with PIF support from prepaid forward share purchase
While tariff exposure is limited, Egypt continues to pursue diversification across regional and global economic blocs
IPOs allow investors to diversify their investments across various UAE sectors, including tech, healthcare, and energy
Upon listing, Alpha Data’s market capitalization stood at approximately $408 million
ADX launched the "New ADX Group" to enhance market infrastructure and trading efficiency with two entities
The electronic system for issuing securities will streamline procedures, reducing time and effort for stakeholders
Offering was priced at AED3.40 per share, roughly 43 percent above the IPO price of AED2.37 per share
