GCC countries had the largest share of initial public offering (IPO) listings in Mena, accounting for 90 per cent of the capital raised through IPOs in Mena in the first half of the year, with 10 IPOs raising nearly $2.1 billion.
Shake Shack, the fast-food restaurant chain famous for its hamburgers and milkshakes, is preparing to go public, seeking to tap stock market demand for popular casual dining companies, according to people familiar with the matter.
Dubai's Emaar Properties said on Thursday it had not yet taken a decision on the timing of an initial public offering of its malls business, which was expected later this year.
In a statement released on the Dubai stock exchan
Dubai's Emaar Properties said on Thursday it had not yet taken a decision on the timing of an initial public offering (IPO) of its malls business, which was expected later this year.
In a statement released on the Dubai stock
United Arab Emirates telecommunications operator Etisalat said on Wednesday that its Egyptian business was considering a listing on the Egyptian stock exchange, but no decision had been taken yet.
Local media reports had said earl
Zain Bahrain, the kingdom’s second licensed full service telecom operator, is set to offer 48 million shares equivalent to 15 per cent of issued share capital.
Bahrins’s first initial public offering (IPO) since 2010 will be
Saudi Arabia's decision to open its stock market (Tadawul) to foreign direct investment (FDI)could curb initial public offerings (IPOs) in the kingdom as it could make local firms cautious about giving up stakes in their business to foreign
The success of General Electric's (GE) impending initial public offering for its private-label credit card unit could ride on investors' willingness to bet that a lukewarm consumer-led US economic recover
United Arab Emirates-based private equity firms Ithmar Capital and Gulf Capital are looking to sell shares to the public as they seek cash for new investments, according to sources, in a move emulating global peers.