Arab IPO 2017

News

February 26, 2017
Everything You Need to Know About the Saudi Aramco IPO: Key facts
The Kingdom of Saudi Arabia (KSR) plans to offer up to 5 per cent of Saudi Aramco in the IPO, at a projected price of US$ 100 billion. This would result in a valuation of US$ 2 trillion, which would lead to Aramco overtaking Chinese internet retailer Alibaba to become the largest IPO in history. However, r...
January 30, 2017
BSE to list on NSE on February 3
Asia’s oldest bourse BSE, which recently concluded its Rs. 1,243-crore initial public offering, will list on rival National Stock Exchange (NSE) on February 3. The IPO, which opened for subscription from January 23—25, was subscribed 51 times at a price band of Rs. 805—806 per share. The portion set as...
January 9, 2017
5 Key IPO Trends in the MENA region
In January 2016, oil prices experienced the lowest dip in several years (less than US$ 30 per barrel), causing fluctuations across Middle East and North Africa (MENA) capital markets. The decline of brent crude oil prices is attributed to the rise in the global oil supply and a decreasing demand driven by un...
December 11, 2016
IPOs raise more capital in UAE than in US, says economist
IPOs in the UAE markets raise more capital than they would in the US, according to a senior economist. Professor Alex Frino, deputy Vice-Chancellor of University of Wollongong, Australia, based his views on his study which examined the pricing of IPOs on the Abu Dhabi Securities Exchange (ADX) and Dubai Fina...
December 7, 2016
Middle East Tech Startup iMENA Plans More Than $100 Million IPO
Middle East technology investor iMENA Holdings is planning an initial public offering on an international exchange and possible second listing in the Middle East as early as next year. The company, which invests in online businesses in the Middle East and North Africa, may raise more than $100 million from t...
December 4, 2016
The 10 Most Anticipated IPOs of 2017
This has been one of the slowest years for initial public offerings since the recession. Thankfully, that’s a positive omen for 2017 IPOs, as many companies that considered filing will wait until 2017 to go public. Companies file for an IPO for all sorts of reasons: to recruit and maintain talent, to r...
November 27, 2016
Taking a Company Public: The Steps You’ll Need to Take
If your company meets these financial requirements, you determine an IPO will help you meet business goals, and the market conditions appear right, then it’s time to begin the IPO process. Typically, it takes four to eight months to complete this process, from the time you actively engage underwriters ...
November 27, 2016
How to Prepare a Company for an Initial Public Offering?
For many growing companies, “going public” is more than just selling stock. It’s a signal to the world that the business has made it. That’s why undertaking an initial public offering (commonly known as an IPO) — the first sale of stock to the public by a private company —...
November 27, 2016
Noon.com may go for IPO in ‘5 to 7 years’, says Alabbar
Noon.com, the Gulf’s new $1-billion e-commerce platform, may list in the coming years, according to UAE businessman Mohamed Alabbar. “My shareholders are fully committed to the business plan, committed to the industry and committed to the region. So there is full support as long as the management per...