IPO
Saudi Arabia formally starts IPO of oil firm Saudi Aramco
Middle East
November 4, 2019
Saudi Arabia formally starts IPO of oil firm Saudi Aramco
DHAHRAN, Saudi Arabia (AP) — Saudi Arabia formally began an initial public offering Sunday of a sliver of oil giant…
Govt launches its first public offering in Egyptian Stock Exchange
Business
March 3, 2019
Govt launches its first public offering in Egyptian Stock Exchange
Egypt’s government launched its first public offering on Sunday within the Egyptian Stock Exchange with a 4.5 percent share of…
Egypt to launch LE1 billion education endowment
Egypt
November 23, 2018
Egypt to launch LE1 billion education endowment
The Egyptian government is seeking to establish an endowment fund for the development of education, with a capital of…
Saudi Arabia says it ‘remains committed’ to Aramco IPO
Middle East
August 23, 2018
Saudi Arabia says it ‘remains committed’ to Aramco IPO
DUBAI, United Arab Emirates (AP) — Saudi Arabia said on Thursday it “remains committed” to an initial public offering of…
Govt’s public offering not limited to offered companies only: Finance Minister
Business
March 20, 2018
Govt’s public offering not limited to offered companies only: Finance Minister
Minister of Finance Amr al-Garhy said that the initial public offering (IPO) program for government companies placed on the stock exchange…
Saudi Arabia converts Aramco into joint-stock company ahead of historic IPO
Middle East
January 5, 2018
Saudi Arabia converts Aramco into joint-stock company ahead of historic IPO
Saudi Arabia has changed the status of its national oil giant Aramco to a joint-stock company as of Jan. 1,…
Saudi Aramco IPO on track for 2018: officials
Business
October 5, 2017
Saudi Aramco IPO on track for 2018: officials
A plan to list Saudi Aramco in 2018 is on track, senior Saudi officials said in Moscow on Thursday, as…
Snap stock hits lowest level since IPO after paltry earnings
Business
August 12, 2017
Snap stock hits lowest level since IPO after paltry earnings
Shares of Snap Inc. have fallen 14 percent after the parent company of Snapchat reported paltry earnings . The stock hit its…
UPDATE 1-Egypt expects 3-5 IPOs before year-end -stock exchange vice chair
Egypt
August 9, 2017
UPDATE 1-Egypt expects 3-5 IPOs before year-end -stock exchange vice chair
Egypt expects to see three to five initial public offerings before the end of this year, the Vice Chairman of…
Saudi Aramco warned by lawyers on New York IPO litigation risks: FT
Business
June 5, 2017
Saudi Aramco warned by lawyers on New York IPO litigation risks: FT
The legal firm working on Saudi Aramco’s IPO-ARMO.SE flotation has advised the kingdom that a New York listing poses the…