Skip to main content Skip to footer The Kingdom raised $2.1 billion from 19 offerings, making up 59 percent of total GCC IPO proceeds
By exercising the greenshoe option, Aramco raised an additional $1 billion from the listing
The CMA has approved Arabian Mills' public listing application, and the company will publish the IPO prospectus soon
Alef Education's market capitalization reached $2.56 billion at the time of listing
Market cap on listing seen at $2.57 billion
UAE and Saudi Arabia's startups to continue taking center stage in dealmaking this year
Total offering size to reach between $496 million and $515 million
Privatization of state-related entities to support the initial phase of regional IPO growth
Market capitalization of 15 of ADX’s most prominent listed companies reaches over $228 billion
The company's gross profit margin also demonstrated strength, reaching 41.2 percent in the quarter
Notable market gains included MBC Group Co and Avalon Pharma
UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs
The market attracted nearly 44,000 new investors in Q1 this year, and 85 percent of them are international
IPO saw an oversubscription rate of 64 times in aggregate
Maait highlighted that Egypt is on track to achieve financial stability after facing a severe economic crisis
Technologically advanced parking operator supports Dubai's robust capital markets development strategy
The subscription period will open on Tuesday, April 23, 2024
Parkin IPO enhances market's attractiveness and draws new investors
The IPO will involve the sale of 30 percent of the company's capital
Social media platform's stock market debut signals confidence in growth potential
IPO resulted in market capitalization of AED6.30 billion upon admission
The DFM General Index ranked 5th globally in 2023
The overall size of the public float remains unchanged at 749.7 million shares
Economic diversification, governance and robust trade position UAE as international investment hub