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Contractor Mutlaq Al Ghowairi is coming to Tadawul
This is a secondary sale, meaning MGC itself won’t receive any proceeds from the IPO
THIS MORNING: A sub 4% deficit? Only if Hormuz reopens for Saudi Crude exports
Autonomous buses are coming to Quba Mosque
THIS MORNING: Ninja lines up banks for IPO, keeps options open
PLUS- Al Hilal takes home the King’s Cup
Dar Al Balad’s Tadawul IPO sees robust institutional demand
The SAR 9.75 price per share values the company at SAR 682 mn
THIS MORNING: Ziorak moves towards parallel market debut
Aramco holds LPG prices steady for May amid tighter global market
Startups looking to IPO in Saudi Arabia are plenty — but early-stage readiness remains an obstacle
Saudi’s venture-backed IPOs stand apart from peers thanks to high valuations and capital intensity
Dar Al Balad tests wartime appetite for tech stocks
The offering will see the firm raise up to SAR 204.75 mn in proceeds, valuing the company at SAR 682.5…
Dar Al Balad is going ahead with Tadawul listing — war or no war
Dar Al Balad is about to become the Gulf’s first IPO since the war started. The IT services outfit is…
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