Are deals and valuations resilient for the healthtech sector in 2023?
The company’s full-year net profit jumped by 7 per cent year-on-year to Dhs1bn in 2022 while its revenues reached Dhs2.8bn
Emerging Markets Property Group is set to hire Rothschild & Co. for the potential IPO in Dubai or Abu Dhabi
The two entities have partnered with advisory firms that are a key part of the city’s financial and business ecosystem
The company’s unaudited combined pro forma results follow its record IPO earlier in March
The data analytics firm’s shares shot up as much as 176 per cent to Dhs3.70 compared to the IPO price of Dhs1.34 apiece
The company sold 750 million shares and set the final share price at Dhs1.03, implying a market capitalisation of Dhs7.73bn at listing
The IPO is Abu Dhabi Securities Exchange’s second listing this year and it was oversubscribed by 136 times
The IPO is the largest ever in Abu Dhabi and the largest globally, year to date, as the emirate is expecting eight more listings
The listing is the latest in a series of IPOs in the Gulf region as governments seek to bring more international investors into their markets
The company plans to list its shares for trading on the Dubai Financial Market next month
The road-toll operator said the number of revenue-generating trips jumped 13 per cent to 413 million trips compared to 367 million in 2021
The company paid its shareholders a total of Dhs3.7bn consisting of an interim dividend of Dhs2.2bn in July and a further D1.5bn at the end of 2022
A total of five IPOs in Abu Dhabi raised $5.37bn last year with state-related entities dominating the listings
The company increased the number of ordinary shares offered in the IPO to 3.8 billion on Monday, implying market capitalisation of Dhs182bn
Abraj will construct three drilling platforms in the Wafra oilfield in the southern part of Kuwait as part of the deal
ADNOC is selling a 4 per cent stake in ADNOC Gas, with each of the 3.07 billion shares being offered at between Dhs2.25 and 2.43
More than three billion shares will be offered in the IPO
Anchor investors will subscribe for 40 per cent of the shares at the maximum price
DEWA’s annual consolidated revenue increased 15 per cent to Dhs27.35bn in 2022
The consultancy will list shares on Tadawul’s Nomu-Parallel Market
A listing of the company this year would follow a boom for IPOs in the region that started in 2022 and fetched almost $23bn
The proposed initial public offering of Olam Agri in Saudi Arabia would be the first listing of a global company in the country
Luberef, as the refiner is known, dropped as much as 6.6 per cent in Riyadh to SAR92.5 ($24.61), valuing the company at SAR15.9bn
The Luberef IPO marks the firm’s eighth private equity exit, and at SAR5bn the offering brings Jadwa’s aggregate private equity distributions to clients to SAR11bn
Americana and Luberef IPOs take the proceeds of Gulf listings this year to over $20bn
Luberef becomes the latest billion-dollar plus IPO in the Gulf
The company is planning to sell 50 million shares, or a nearly 30 per cent stake
Saudi Aramco is aiming to sell 50 million shares – a 29.7 per cent stake – in the company
Americana will be the first company to have its shares traded in both Riyadh and Abu Dhabi