Avalon IPO retail offer nets $712m; oversubscribed 54 timesMiddle East Pharmaceutical Industries Company’s (Avalon Pharma) initial public offering (IPO) has netted SR2.67 billion ($712.1 million) in retail subscription indicating an oversubscription of 54.3 times. More… |
Avalon IPO retail offer nets $712m; oversubscribed 54 timesMiddle East Pharmaceutical Industries Company’s (Avalon Pharma) initial public offering (IPO) has netted SR2.67 billion ($712.1 million) in retail subscription indicating an oversubscription of 54.3 times. More… |
DTC sets IPO price range, sees market capitalisation of $1.2bnDubai Taxi Company PJSC (DTC) has set the price range for its offer shares between AED1.80 ($0.49) and AED1.85 per share and announced the start of subscription for its AED1.16 billion ($315 million) initial public offering (IPO) on DF More… |
DTC sets IPO price range, sees market capitalisation of $1.2bnDubai Taxi Company PJSC (DTC) has set the price range for its offer shares between AED1.80 ($0.49) and AED1.85 per share and announced the start of subscription for its AED1.16 billion ($315 million) initial public offering (IPO) on DF More… |
Kuwait International Bank completes $536m capital hikeKuwait International Bank (KIB), a leading Shariah-compliant bank in the country, has announced the successful completion of the subscription process for a capital hike through offer of 428.6 million shares at a value of KD60 million in a righ More… |
Abu Dhabi exchange, MBank sign pact to facilitate IPO subscriptionsAbu Dhabi Securities Exchange has signed an agreement with Al Maryah Community Bank (MBank), the first digital bank in UAE, to facilitate initial public offering (IPO) subscriptions and streamline the process for obtaining a National Investor More… |
UAE’s first T-Bond auction a huge success; draws $2.56bnThe first auction of the dirham denominated UAE Treasury Bonds (T-Bonds), with a size of AED1.5 billion ($400 million), drew bids worth AED9.4 billion ($2.56 billion), an oversubscription of 6.3 times, it was announced today. &nbs More… |
Kamco launches web-based subscription platformKamco Invest, a regional non-banking financial powerhouse, announced the launch of a new web-based subscription platform conveniently connecting investors with the latest equity offerings and debt issuances managed by Kamco Invest. More… |
Saudi Al Khabeer Capital closes major REIT fund subscriptionAl Khabeer Capital, a major asset management and alternative investments group in Saudi Arabia, has announced the successful closing of the subscription to the additional offering of its real estate investment trust Expert REIT Fund, with cove More… |
Selfdrive.ae launches UAE's first car subscription platformSelfDrive.ae, a UAE-based smart mobility transportation network company, has launched "Microlease", the regions first car subscription service. Microlease by Selfdrive.ae is a flexible and convenient on-demand monthly ca More… |