{"id":577577,"date":"2022-11-28T03:41:25","date_gmt":"2022-11-28T03:41:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/"},"modified":"2022-11-28T03:41:25","modified_gmt":"2022-11-28T03:41:25","slug":"aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/","title":{"rendered":"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn"},"content":{"rendered":"

<\/a>Saudi Aramco subsidiary Luberef plans to go public by selling a c.30% stake <\/strong>on the Tadawul<\/strong>, according to the company\u2019s intention to float (pdf)<\/a>. Jadwa Industrial Investment Company is the selling shareholder, while Saudi Aramco will retain its 70% stake in the company, the ITF reads. Luberef plans to announce the indicative price range for its shares and will carry out the bookbuilding process from 4-9 December, according to its IPO website<\/a>. The final share price will be announced alongside the final prospectus on 11 December, followed by the retail subscription period from 14-15 December. The company has yet to determine its planned first day of trading.<\/p>\n

Advisors: <\/strong>SNB Capital Company is the lead manager on the transaction, and is joined by HSBC Saudi Arabia, Citigroup Saudi Arabia, and Morgan Stanley Saudi Arabia as joint financial advisors, bookrunners, global coordinators, and underwriters. Moelis & Company UK is an independent advisor to Saudi Aramco.<\/p>\n

EU wants to double its sin tax on smokes: <\/strong>The EU will propose more intense tobacco taxes in an effort to reduce smoking rates in the bloc, according to a draft European Commision document seen by the Financial Times<\/a>. The amendments include doubling the EU minimum excise duty on cigarettes to EUR 3.60 from EUR 1.80 per cigarette pack, and introducing duties ranging from 20-40% on vapes.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30 <\/strong><\/p>\n<\/td>\n

\n

13,009<\/p>\n<\/td>\n

\n

+1.8% (YTD: +8.9%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 24.51<\/p>\n<\/td>\n

\n

Sell 24.60<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD at CIB<\/strong><\/p>\n<\/td>\n

\n

Buy 24.52<\/p>\n<\/td>\n

\n

Sell 24.58<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates CBE<\/strong><\/p>\n<\/td>\n

\n

13.25% deposit<\/p>\n<\/td>\n

\n

14.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

10,796<\/p>\n<\/td>\n

\n

-1.3% (YTD: -4.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

10,528<\/p>\n<\/td>\n

\n

-0.1% (YTD: +24.0%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

3,305<\/p>\n<\/td>\n

\n

-0.6% (YTD: +3.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

4,026<\/p>\n<\/td>\n

\n

-0.0% (YTD: -15.5%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

7,487<\/p>\n<\/td>\n

\n

+0.3% (YTD: +1.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx 50<\/strong><\/p>\n<\/td>\n

\n

3,962<\/p>\n<\/td>\n

\n

+0.0% (YTD: -7.8%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 83.74<\/p>\n<\/td>\n

\n

+0.1%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n

\n

USD 6.98<\/p>\n<\/td>\n

\n

-0.6%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 1,768.30<\/p>\n<\/td>\n

\n

-0.0%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 16,471<\/p>\n<\/td>\n

\n

+0.1% (YTD: -64.1%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/strong><\/p>\n

The EGX30 rose 1.8% at yesterday\u2019s close<\/strong> on turnover of EGP 1.93 bn (36.2% above the 90-day average). Regional investors were net sellers. The index is up 8.9% YTD.<\/p>\n

In the green: <\/strong>AMOC (+9.3%), Ibnsina Pharma (+7.8%) and Alexandria Containers and Cargo Handling (+7.4%).<\/p>\n

In the red: <\/strong>Credit Agricole (-1.1%), GB Auto (-0.8%) and Fawry (-0.8%).<\/p>\n

It\u2019s red as far as the eye can see in Asia <\/strong>as traders worry that the most significant protests we\u2019ve seen in China in more than a decade could spread. Unrest in the world\u2019s second-largest economy has also helped send oil prices to their lowest level this year. Futures suggest markets in Western Europe, the US, and Canada will open under selling pressure later today, with Paris\u2019 CAC 40 the sole exception.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Aramco subsidiary Luberef plans to go public by selling a c.30% stake on the Tadawul, according to the company\u2019s intention to float (pdf). Jadwa Industrial Investment Company is the selling shareholder, while Saudi Aramco will retain its 70% stake in the company, the ITF reads. Luberef plans to announce the indicative price range for […]<\/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":[394,72,7192,119,6417,1621,122,1134,7401],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-577577","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-aramco","tag-enterpriseam","tag-eu","tag-financial-markets","tag-jadwa-industrial-investment-company","tag-luberef","tag-planet-finance","tag-tadawul","tag-tobacco","wpautop","entry"],"acf":{"mongo_id":"cc3bd6ea-a681-4112-bb2d-0a9e14265a19","is_powered_by":true,"section_story_id":"9528dab4-a9af-49cb-9d91-2cf0be194bd5","story_type":"1","photo_url":"","photo_position":"above","related_issue":[577558],"teaser":"","voice_url":""},"yoast_head":"\nAramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn - 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\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn\" \/>\n<meta property=\"og:description\" content=\"Saudi Aramco subsidiary Luberef plans to go public by selling a c.30% stake on the Tadawul, according to the company\u2019s intention to float (pdf). Jadwa Industrial Investment Company is the selling shareholder, while Saudi Aramco will retain its 70% stake in the company, the ITF reads. Luberef plans to announce the indicative price range for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-28T03:41:25+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\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn\",\"datePublished\":\"2022-11-28T03:41:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/\"},\"wordCount\":411,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Aramco\",\"EnterpriseAM\",\"EU\",\"Financial Markets\",\"Jadwa Industrial Investment Company\",\"Luberef\",\"Planet Finance\",\"Tadawul\",\"tobacco\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/\",\"name\":\"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-11-28T03:41:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn\"}]},{\"@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":"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn - 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\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/","og_locale":"en_US","og_type":"article","og_title":"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn","og_description":"Saudi Aramco subsidiary Luberef plans to go public by selling a c.30% stake on the Tadawul, according to the company\u2019s intention to float (pdf). Jadwa Industrial Investment Company is the selling shareholder, while Saudi Aramco will retain its 70% stake in the company, the ITF reads. Luberef plans to announce the indicative price range for […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-11-28T03:41:25+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\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn","datePublished":"2022-11-28T03:41:25+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/"},"wordCount":411,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Aramco","EnterpriseAM","EU","Financial Markets","Jadwa Industrial Investment Company","Luberef","Planet Finance","Tadawul","tobacco"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/","name":"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-11-28T03:41:25+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/28\/aramcos-luberef-to-make-its-tadawul-debut-in-transaction-worth-as-much-as-usd-1-bn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Aramco\u2019s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn"}]},{"@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":577783,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/05\/aramcos-base-oils-subsidiary-could-raise-up-to-usd-1-3-bn-in-its-ipo-in-riyadh\/","url_meta":{"origin":577577,"position":0},"title":"Aramco\u2019s base oils subsidiary could raise up to USD 1.3 bn in its IPO in Riyadh","author":"enterpriseam admin","date":"5 December 2022","format":false,"excerpt":"Aramco subsidiary could raise as much as USD 1.3 bn in its IPO: Saudi Aramco refining subsidiary Luberef commenced bookbuilding for its debut on the Saudi stock exchange at a price range of SAR 91-99 (USD 24.21-26.34) per share yesterday, the company said in a statement (pdf). Luberef will offer\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/73.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545610,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/usd-1-bn-ipo-in-the-works-for-aramco-subsidiary-the-uk-wants-in-on-nfts\/","url_meta":{"origin":577577,"position":1},"title":"USD 1 bn IPO in the works for Aramco subsidiary + the UK wants in on NFTs","author":"enterpriseam admin","date":"5 April 2022","format":false,"excerpt":"Yet another Gulf IPO? Saudi Aramco subsidiary Luberef is looking to make its Tadawul debut in an IPO that could raise over USD 1 bn, Bloombergreports citing people familiar with the matter. The company reportedly plans to sell a 30% stake currently owned by Jadwa Investment and has tapped the\u2026","rel":"","context":"In "PLANET FINANCE"","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":577991,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/global-stocks-to-recover-in-2023-crypto-exchanges-suffer-record-outflows-following-ftx-fiasco\/","url_meta":{"origin":577577,"position":2},"title":"Global stocks to recover in 2023? + Crypto exchanges suffer record outflows following FTX fiasco","author":"enterpriseam admin","date":"12 December 2022","format":false,"excerpt":"Money managers see a recovery for global stocks next year after a harsh 2022: Some 71% of respondents in a Bloomberg survey of 134 major fund managers expect global equities to rise next year compared to 19% forecasting declines, amid signs inflation may have peaked and central banks could begin\u2026","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/232.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582815,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/27\/ibnsina-to-invest-egp-200-this-year-plus-kima-e-finance-aman-luberef\/","url_meta":{"origin":577577,"position":3},"title":"Ibnsina to invest EGP 200 this year. Plus: Kima, e-finance, Aman, Luberef","author":"enterpriseam admin","date":"27 February 2023","format":false,"excerpt":"INVESTMENT-Ibnsina Pharma to invest up to EGP 200 mn in 2023: EGX-listed pharma player Ibnsina Pharma plans to invest as much as EGP 200 mn to add warehouses and strengthen its meds distribution network this year, IR director Mohamed Shawkytold Enterprise. The company could separately deploy more funds to its\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2023\/02\/Ibnsina-Pharma-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":614428,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/01\/saudi-aramco-could-float-more-shares-on-tadawul\/","url_meta":{"origin":577577,"position":4},"title":"Saudi Aramco could float more shares on Tadawul","author":"enterpriseam admin","date":"1 February 2024","format":false,"excerpt":"The oil giant is reportedly targeting at least SAR 40 bn in proceeds","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2794.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543936,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/24\/aramco-sells-49-stake-in-its-natgas-pipelines-fab-lines-up-usd-500-mn-in-sukuk\/","url_meta":{"origin":577577,"position":5},"title":"Aramco sells 49% stake in its natgas pipelines + FAB lines up USD 500 mn in sukuk","author":"enterpriseam admin","date":"24 February 2022","format":false,"excerpt":"Aramco closes USD multi-bn sale of minority stake in natgas pipelines: An investor group led by BlackRock has acquired a 49% stake in Saudi Aramco\u2019s natgas pipelines subsidiary for USD 15.5 bn, as the two firms enter into a pact to explore low carbon energy projects. (Bloomberg)FAB plans sukuk sale:\u2026","rel":"","context":"In "PLANET FINANCE"","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\/577577","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=577577"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577577\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/577558"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=577577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=577577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=577577"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=577577"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=577577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}