IPO

Saudi Arabia formally starts IPO of oil firm Saudi Aramco
Middle East

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

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

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

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

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

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

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

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

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

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…
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