Bahrain mulls 2 more IPOsBahrain may see two more initial public offerings (IPOs) in the next two years, Kamal bin Ahmed, Minister of Transportation and Telecommunications, has said. Speaking on the sidelines of the bell ringing ceremo More… |
Strong year ahead for IPOs in MenaThe IPO activity in the Mena region is expected to remain firm in 2014, building on a strong momentum from the last quarter of 2013, which closed with a total of seven deals raising around $726.2 million, said a report. The EY Men More… |
NYSE Euronext raises $17bn in IPO proceedsNYSE Euronext, a leading global operator of financial markets, said it had raised a record $17.1 billion in total global proceeds from initial public offerings (IPO) in the first half of 2012. In the US, NYSE Euronext listed 62 per c More… |
Oman regulator mulls brokerage mergersOman's regulator, Capital Market Authority, is encouraging consolidation of brokerages in the small non-Opec producer and expects at least three to four initial public offerings next year, its executive president said. 'At CMA we a More… |
Consumer firms set to lead GCC IPO recoveryMajor initial public offerings (IPOs) in the region are still scarce but banks are starting to win mandates again with consumer and healthcare companies expected to lead new equity listings, participants told the Reuters Middle East Summit. More… |
Mideast IPOs offer alternative refinery investmentShare sales in new Saudi Arabian export refineries will offer investors alternatives to listed downstream companies in developed countries which are likely to remain exposed to chronically weak margins and high operation costs, say analysts. More… |
Oman bourse chief sees just two IPOs in 2010Only two companies are expected to float on the Omani stockmarket this year, the bourse regulator said on Monday, naming Al-Khalili Group and Qatar Telecom's local unit. 'So far only two IPO issues are expected to come out this yea More… |
Riyad Capital eyes 20pc growthRiyad Capital, the investment banking arm of Riyad Bank aims to grow by at least 20 per cent in 2010, boosted by Saudi bourse growth, but more defaults at family-owned firms risk undermining optimism, the unit's chief executive said. & More… |
Mideast markets raise $2 billion from IPOsTotal regional IPO deal values in all of this year came in at approximately one-sixth the value of all IPOs last year, according to a report by Ernst & Young. Middle East markets raised $2.06 billion from 15 IPOs by November 25 this ye More… |
3 Saudi firms set for early IPOsThree Saudi companies have won approval by the capital market authority to launch initial public offerings on the biggest Arab bourse early next year. Travel agent Al Tayyar Travel Group will offer 24 million shares, or 30 per cent of the More… |