{"id":645653,"date":"2017-07-26T04:14:01","date_gmt":"2017-07-26T04:14:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/saudi-arabia-hires-goldman-sachs-to-manage-sale-of-stake-in-riyadh-airport-reuters\/"},"modified":"2017-07-26T04:14:01","modified_gmt":"2017-07-26T04:14:01","slug":"saudi-arabia-hires-goldman-sachs-to-manage-sale-of-stake-in-riyadh-airport-reuters","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/saudi-arabia-hires-goldman-sachs-to-manage-sale-of-stake-in-riyadh-airport-reuters\/","title":{"rendered":"Saudi Arabia hires Goldman Sachs to manage sale of stake in Riyadh airport -Reuters"},"content":{"rendered":"<p><strong>In regional investment news, Saudi Arabia has reportedly hired Goldman Sachs <\/strong><strong>to manage the sale of a stake in Riyadh airport<\/strong>, sources told <a href=\"http:\/\/www.reuters.com\/article\/saudi-airport-sale-goldman-sachs-idUSL5N1KG1VI\">Reuters<\/a>. \u201cThe Saudi Civil Aviation Holding Co plans to sell a minority stake in the Riyadh's King Khalid International Airport, the sources said, adding the stake size could be significant\u201d and the move could be the first major privatization of an airport in Saudi Arabia. \u201cThe estimated size or value of the stake was not immediately known,\u201d Reuters says.<\/p>\n<p><strong>Is Abu Dhabi Ports also looking at an IPO? <\/strong><u>Bloomberg reported yesterday <\/u>the firm could be poised to raise over USD 1bn from equity markets and would join an ever-growing list of sovereign companies out of the UAE doing the same including Emirates Global Aluminum and the Abu Dhabi National Oil Company. <strong>ADP said this morning is has <a href=\"http:\/\/www.albayan.ae\/economy\/local-market\/2017-07-26-1.3009868\">no \u201cimmediate plans\u201d to list<\/a>. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In regional investment news, Saudi Arabia has reportedly hired Goldman Sachs to manage the sale of a stake in Riyadh airport, sources told Reuters. \u201cThe Saudi Civil Aviation Holding Co plans to sell a minority stake in the Riyadh's King Khalid International Airport, the sources said, adding the stake size could be significant\u201d and the [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645653","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"83867750-abcd-419c-b6a6-98e47662c635","order":"0","is_powered_by":true,"section_story_id":"854bf10d-3c0a-4883-ae11-b72afe6f8b1d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645632],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The companies have been corresponding with Aramco over the past weeks to express interest in a direct sale of a stake to a consortium made up of both\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":543804,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/20\/is-goldman-sachs-being-tapped-to-advise-efg-on-fabs-acquisition-bid-plus-old-mutual-has-competition-for-lekela-stake\/","url_meta":{"origin":645653,"position":1},"title":"Is Goldman Sachs being tapped to advise EFG on FAB\u2019s acquisition bid? 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Goldman ranked first for transaction advisory services in the Middle East last year, according to Bloomberg data.EFG Hermes said it was\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/268.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593327,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/25\/taqa-arabia-to-sell-30-stake-in-ipo-on-egypts-bourse-next-year\/","url_meta":{"origin":645653,"position":2},"title":"TAQA Arabia to sell 30% stake in IPO on Egypt\u2019s bourse next year","author":"enterpriseam admin","date":"25 November 2019","format":false,"excerpt":"IPO WATCH- TAQA Arabia to IPO 30% next year, exact timing to depend on market conditions: Qalaa Holdings is planning to sell 30% of subsidiary TAQA Arabia\u2019s shares in an IPO as early as next year,sources close to the transaction tell Al Mal. 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