{"id":543475,"date":"2022-02-02T03:54:18","date_gmt":"2022-02-02T03:54:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/"},"modified":"2022-02-02T03:54:18","modified_gmt":"2022-02-02T03:54:18","slug":"a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/","title":{"rendered":"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-10\"><\/a><strong> Another blockbuster Saudi IPO? <\/strong>The kingdom\u2019s largest retail pharmacy chain, <a href=\"https:\/\/www.nahdi.sa\/en\/\">Al<\/a><a href=\"https:\/\/www.nahdi.sa\/en\/\">Nahdi Medical<\/a>, hopes to raise USD 1.3 bn in its Tadawul debut \u2014 which would make it the KSA\u2019s largest listing since Aramco\u2019s bumper USD 30 bn IPO in 2019, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/saudi-pharmacy-chain-seeks-1-3-billion-in-top-ipo-since-aramco?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a> reports, citing unnamed sources. The 30% stake sale, which could see the company valued at USD 4.3 bn, is planned to go ahead within months. Al Nahdi has appointed HSBC Holdings and Saudi National Bank\u2019s investing arm to manage the sale.<\/p>\n<p><strong>Dubai looks to soften the blow of the UAE\u2019s new corporate tax: <\/strong>The emirate is considering cutting fees for businesses in a bid to balance out the costs of the newly introduced <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/138efa1a-8db5-4ecb-adc3-92a7e30ff806\">corporate tax<\/a>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/dubai-weighs-reducing-business-fees-as-uae-unveils-corporate-tax?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a> reports. The Dubai bourse fell the most in the region yesterday, after the UAE on Monday announced that businesses would start paying tax for the first time ever starting next year. The Abu Dhabi exchange saw intraday losses but went into the green by close, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-02-01\/dubai-weighs-reducing-business-fees-as-uae-unveils-corporate-tax?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a>notes.<\/p>\n<p><strong>EARNINGS WATCH- Google parent company Alphabet smashed another quarterly sales record<\/strong> in the fourth quarter as sales jumped 32% to hit USD 75.3 bn, <a href=\"https:\/\/www.reuters.com\/technology\/google-parent-alphabet-beats-revenue-estimates-online-ad-strength-2022-02-01\/\">Reuters<\/a> reports. The results lend weight to some analysts\u2019 assertion that Big Tech will prove immune to the current jolts in the market. <strong>Meta<\/strong> is next to announce its Q4 financials later today, while <strong>Amazon<\/strong> is up on Thursday.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table table-striped markets-table'>\n<tbody>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>11,603<\/p>\n<\/td>\n<td>\n<p>+1.0% (YTD: -2.9%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.66<\/p>\n<\/td>\n<td>\n<p>Sell 15.76<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.66<\/p>\n<\/td>\n<td>\n<p>Sell 15.76<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>12,293<\/p>\n<\/td>\n<td>\n<p>+0.2% (YTD: +9.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>8,717<\/p>\n<\/td>\n<td>\n<p>+0.2% (YTD: +2.7%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>3,171<\/p>\n<\/td>\n<td>\n<p>-1.0% (YTD: -0.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong><a href=\"https:\/\/www.bloomberg.com\/quote\/SPX:IND?sref=mmeFTDW1\">S&P 500<\/a><\/strong><\/p>\n<\/td>\n<td>\n<p>4,547<\/p>\n<\/td>\n<td>\n<p>+0.7% (YTD: -4.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong><a href=\"https:\/\/www.bloomberg.com\/quote\/UKX:IND?sref=mmeFTDW1\">FTSE 100<\/a><\/strong><\/p>\n<\/td>\n<td>\n<p>7,536<\/p>\n<\/td>\n<td>\n<p>+1.0% (YTD: +2.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong><a href=\"https:\/\/www.bloomberg.com\/markets\/commodities?sref=mmeFTDW1\">Brent crude<\/a><\/strong><\/p>\n<\/td>\n<td>\n<p>USD 89.16<\/p>\n<\/td>\n<td>\n<p>-0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 4.88<\/p>\n<\/td>\n<td>\n<p>+2.7%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,801<\/p>\n<\/td>\n<td>\n<p>-0.0%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong><a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\">BTC<\/a><\/strong><\/p>\n<\/td>\n<td>\n<p>USD 38,848<\/p>\n<\/td>\n<td>\n<p>+1.0% (as of midnight)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>THE CLOSING BELL-<\/strong><\/p>\n<p><strong>The EGX30 rose 1.0% yesterday<\/strong> on turnover of EGP 782 mn (28.4% below the 90-day average). Local investors were net buyers. The index is down 2.9% YTD.<\/p>\n<p><strong>In the green: <\/strong>Orascom Development Egypt (+5.8%), Qalaa Holdings (+5.2%) and Palm Hills Development (+3.6%).<\/p>\n<p><strong>In the red: <\/strong>CIRA (-2.9%), TMG Holding (-2.0%) and Egypt Kuwait Holding-EGP (-1.2%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another blockbuster Saudi IPO? The kingdom\u2019s largest retail pharmacy chain, AlNahdi Medical, hopes to raise USD 1.3 bn in its Tadawul debut \u2014 which would make it the KSA\u2019s largest listing since Aramco\u2019s bumper USD 30 bn IPO in 2019, Bloomberg reports, citing unnamed sources. The 30% stake sale, which could see the company valued [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[786,163,72,119,78,122,219,90],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543475","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-al-nahdi-medical","tag-dubai","tag-enterpriseam","tag-financial-markets","tag-ipo-watch","tag-planet-finance","tag-saudi-arabia","tag-uae","wpautop","entry"],"acf":{"mongo_id":"816d5a48-7bcb-43e0-987e-cdfc78e5575e","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[543455],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax\" \/>\n<meta property=\"og:description\" content=\"Another blockbuster Saudi IPO? The kingdom\u2019s largest retail pharmacy chain, AlNahdi Medical, hopes to raise USD 1.3 bn in its Tadawul debut \u2014 which would make it the KSA\u2019s largest listing since Aramco\u2019s bumper USD 30 bn IPO in 2019, Bloomberg reports, citing unnamed sources. The 30% stake sale, which could see the company valued [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-02T03:54:18+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax\",\"datePublished\":\"2022-02-02T03:54:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/\"},\"wordCount\":338,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Al Nahdi Medical\",\"Dubai\",\"EnterpriseAM\",\"Financial Markets\",\"IPO watch\",\"Planet Finance\",\"Saudi Arabia\",\"UAE\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/\",\"name\":\"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-02-02T03:54:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/","og_locale":"en_US","og_type":"article","og_title":"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax","og_description":"Another blockbuster Saudi IPO? The kingdom\u2019s largest retail pharmacy chain, AlNahdi Medical, hopes to raise USD 1.3 bn in its Tadawul debut \u2014 which would make it the KSA\u2019s largest listing since Aramco\u2019s bumper USD 30 bn IPO in 2019, Bloomberg reports, citing unnamed sources. The 30% stake sale, which could see the company valued [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-02-02T03:54:18+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax","datePublished":"2022-02-02T03:54:18+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/"},"wordCount":338,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Al Nahdi Medical","Dubai","EnterpriseAM","Financial Markets","IPO watch","Planet Finance","Saudi Arabia","UAE"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/","name":"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-02-02T03:54:18+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/a-big-addition-to-saudis-listing-pipeline-dubai-looks-to-mollify-business-over-corporate-tax\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"A big addition to Saudi\u2019s listing pipeline + Dubai looks to mollify business over corporate tax"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":584229,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/al-ansari-raises-usd-210-mn-in-dubai-ipo\/","url_meta":{"origin":543475,"position":0},"title":"Al Ansari raises USD 210 mn in Dubai IPO","author":"enterpriseam admin","date":"28 March 2023","format":false,"excerpt":"The sale was 22x oversubscribed","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/508.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549376,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/dubai-toll-operator-saliks-ipo-is-already-covered-after-day-one-of-subscription-period\/","url_meta":{"origin":543475,"position":1},"title":"Dubai toll operator Salik\u2019s IPO is already covered after day one of subscription period","author":"enterpriseam admin","date":"14 September 2022","format":false,"excerpt":"Dubai toll operator IPO covered within hours: Investors booked all 1.5 bn shares in Dubai\u2019s state-owned road toll operator Salik on the first day of subscription, Bloomberg reports, indicating continued strong demand for Gulf IPOs at a time when the listing pipeline in other markets has all but dried up.\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555652,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/saudi-stock-exchange-to-raise-up-to-usd-1-bn-in-upcoming-ipo\/","url_meta":{"origin":543475,"position":2},"title":"Saudi stock exchange to raise up to USD 1 bn in upcoming IPO","author":"enterpriseam admin","date":"22 November 2021","format":false,"excerpt":"The company that owns Saudi\u2019s Tadawul stock exchange is set to raise up to USD 1.01 bn in its upcoming IPO, according to a statement (pdf) by the operator. The Riyadh-based bourse plans to sell a 30% stake (equivalent to 36 mn shares), setting an indicative price range of SAR\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":668499,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/16\/gulf-ipos-cool-in-1h-and-saudi-arabia-keeps-the-crown\/","url_meta":{"origin":543475,"position":3},"title":"Gulf IPOs cool in 1H, and Saudi Arabia keeps the crown","author":"enterpriseam admin","date":"16 July 2025","format":false,"excerpt":"Saudi Arabia keeps its IPO crown in 1H as GCC listings dip 6% y-o-y","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/598.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":609130,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/31\/dubais-taxi-business-to-ipo-next-month\/","url_meta":{"origin":543475,"position":4},"title":"Dubai\u2019s taxi business to IPO next month","author":"enterpriseam admin","date":"31 October 2023","format":false,"excerpt":"Dubai\u2019s Road and Transport Authority is looking to raise USD 300 mn from the listing","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1476.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555537,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/17\/two-dubai-ipos-are-coming-down-the-pipeline-as-dfm-chases-gulf-rush\/","url_meta":{"origin":543475,"position":5},"title":"Two Dubai IPOs are coming down the pipeline as DFM chases Gulf rush","author":"enterpriseam admin","date":"17 November 2021","format":false,"excerpt":"Dubai is holding on to its promise list more state-owned companies with two more IPOs in the pipeline. IT firm Starlink plans to list on the Nasdaq Dubai in 1Q2022 in a transaction quarterbacked by our friends at EFG Hermes, marking the first listing of an IT firm on the\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=543475"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543475\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/543455"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=543475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=543475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=543475"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=543475"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=543475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}