Dar Al Arkan lists $600 mn sukuk on Nasdaq Dubai
The sukuk, which has a coupon rate of 6.75%, was oversubscribed by more than two-fold...
Tag : Saudi Arabia
Aramc to sell 0.5% shares to individual investors
The Saudi government will have a lock-in period of a year on further share sales after the IPO...
Saudi Aramco aims for $ 1.6 tn to $1.8 tn valuation at IPO
Aramco made a net income of $111 billion in 2018, making it the most profitable of any global corporations...
Saudi Arabia: Private providers should fill 21st century healthcare gaps
KPMG’ s head of health for the Saudi Levant cluster says that the rising female workforce will boost Saudisation in healthcare...
Etihad and Saudia announce 12 new codeshare routes
The carriers announced 12 new codeshare routes to major destinations in Asia and Europe...
Aramco and other oil giants to bid for stake in India’s BPCL
The government of India is looking to offload its 53.29% stake in Bharat Petroleum after privatisation was approved on September 30...
Agility launches logistics complex in Saudi Arabia
The development of the logistics complex is part of Agility’s $267 mn investment in the Kingdom...
Aramco to pay up to $450 mn as fees to IPO advisors
Book runners JP Morgan and Morgan Stanley to be paid the highest IPO fees by Aramco...
Saudi Arabia develops kingdom’s largest integrated logistics zone
The zone will support activities around shipping, freight distribution and transport of goods...
Saudi Arabia fintech HyperPay for MEA Expansion
The startup currently has presence in the UAE, Jordan, Egypt, Kuwait, Bahrain, and Oman...