IPO activity in GCC slows down in Q2Activity in the initial public offering (IPO) segment in the GCC witnessed a slowdown in both the number of offerings and total proceeds raised during the second quarter (Q2) of 2017, a report said.   More… |
Eskan sets date for REIT public offeringBahrain-based Eskan Bank said it has finalised the formal registration of its real estate investment trust (REIT) with the Central Bank of Bahrain (CBB) thus paving way for the launch of its ground-breaking retail REIT public offering on Novembe More… |
GCC IPO activity slows down in Q3Activity in initial public offerings (IPOs) in the GCC countries slowed down in the first quarter (Q1) of 2015, slightly picking up pace in Q2 and further slowing down in Q3 of the year, according to experts. Regional IPO activity More… |
Oman's Phoenix Power launches $146m IPOOman's Phoenix Power Co, owner of the sultanate's largest power plant, has opened subscription for an initial share sale that would raise RO56.3 million ($146.3 million) from a 35 per cent stake, the Times of Oman newspaper reported on S More… |
Turkey's $220bn bourse to launch public offeringTurkey's Borsa Istanbul has decided to go public, it said in a statement on Tuesday, in an offering that will see the $220 billion stock exchange sell up to nearly 43 per cent of its capital. Turkey's sole stock exchange s More… |
First tranche of Emaar malls IPO already coveredEmaar Properties said institutional investors have committed to buying all the shares offered to them in the flotation of its shopping malls business only a day after the initial public offering (IPO) was launched. Dubai's lar More… |
Al Noor valued at $1bn in London listingAbu Dhabi healthcare firm Al Noor Hospitals priced its London initial public offering at 5.75 pounds per share on Friday, valuing the company at 672 million pounds ($1.04 billion). That was in the lower half of its original price More… |
Ominvest unit delays IPO to SeptOman Arab Bank, the banking arm of Oman International Development and Investment (Ominvest) , has delayed its initial public offering (IPO) until September, according to a report published by the Oman News Agency. The bank sent a letter to More… |
Al Jazeera eyeing early 2012 IPOQatar-based broadcaster Al Jazeera could launch an initial public offering as early as next year as the government looks to offload stakes in state-owned entities, a senior executive at the country's bourse said. 'Al Jazeera would More… |
Mideast IPO values plunge 95pc in Q1The value of initial public offerings (IPOs) in the Middle East plunged 95 per cent to their lowest level in five years during the first quarter, Ernst & Young said in a report on Tuesday. Middle East firms raised only $21.7 million in More… |