HSBC C-suite and regional exchange leaders reveal market transformation strategy in exclusive Arabian Business interviews
IPO
Latest in IPO
EY
MENA IPOs raised $12.6bn last year, more growth expected in 2025
IPOs in the MENA region were dominated by UAE and Saudi and further growth expected in 2025
IPO
What companies will IPO next? Up to 25 tech firms prepare for 2025 listing, report finds
A flurry of fintech, retail, and super-app firms are likely to hit the IPO market this year
India
India’s Reliance Jio plans IPO for 2025 listing: Report
The IPO size is believed to be $4-4.6 billion
Dubizzle
UAE IPOs 2025: What market conditions would need to exist for Dubizzle and Etihad Airways to go public?
Strong investor appetite meets cautious market conditions as UAE prepares for potential landmark listings
Al Markaz Industrial Development
GCC IPOs raised $13.2bn last year as UAE and Saudi markets dominate
The UAE led the GCC IPO market in 2024, with Saudi Arabia coming second
Artificial intelligence
Abu Dhabi-based BWI announces Blaize’s successful IPO on NASDAQ
The company’s listing was done through BurTech Acquisition Corporation, a Special Purpose Acquisition Company (SPAC) owned by BWI with a valuation of $1.2 billion
E-commerce
Online fashion retailer Shein plans London IPO by mid-2025: Report
The founded in China but now headquartered in Singapore company’s proposed initial public offering (IPO) could be completed as early as Easter, which is April 20
IPO
Saudi e-commerce firm Nice One raises $322mn in Main Market IPO
The IPO drew overwhelming interest from institutional investors, with orders surpassing $45 billion
DFM
Talabat launches on Dubai Financial Market after $2bn IPO, shares fall 7%
Talabat shares slip on first day of trading after $2bn IPO on Dubai Financial Market
Capital Markets
Saudi Arabia’s IPO market maintains Gulf lead with over $2.6bn raised in 2024: Report
The Kingdom raised $2.6 billion from IPOs in the first 9 months of 2024, a new report finds
Almoosa Health
Saudi’s Almoosa Health sets IPO price range, eyes $1.5bn valuation in healthcare listing boom
The hospital operator aims to raise up to $450 million by selling 13.29 million shares, representing 30% of its issued share capital
IPO
Nice One Beauty aims to raise $322mn in Riyadh IPO
Nice One Beauty IPO is to be priced in the range of SAR32 to SAR35 per share
Almoosa Health
Saudi healthcare provider Almoosa announces plans to float 30% on Tadawul
This follows September’s regulatory approval from the Capital Market Authority and comes amid a busy year for Saudi healthcare IPOs
IPO
Lulu IPO raises $1.72bn largest share offering of the year
Lulu IPO gives retail giant a market capitalisation of around $5.7bn
bonds
GCC IPOs increase in value despite volume slump in Q3 as bonds raise and Sukuks raise $9.6bn
GCC IPO market remains positive with a healthy pipeline of companies looking to launch IPOs
Initial public offering
LuLu IPO: More retailers across MENA now eye IPO, up to $100bn in market cap on the way
Strong fundamentals such as stability, sustainability and scalability to drive the IPO surge among the region’s retail and grocery market players