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Acwa Power dips its toes in the Philippines, Asas Makeen to launch private real estate fund
The Philippines represents a high-stakes entry into the Southeast Asian market
SNB Partners with Geidea and Tarabut to launch PoS lending for SMEs
ALSO- AirAsia X launches first-ever Riyadh-Bangkok direct flights
OmniOps launches Saudi’s first sovereign AI platform Bunyan
ALSO- Roshn taps Singapore for AI and entrepreneurship real estate partnerships
Asas Makeen’s Nomu IPO was 19.5x oversubscribed ahead of listing
The offering attracted SAR 1.6 bn in orders from qualified investors
Asas Makeen prices Nomu IPO at SAR 80 apiece
This could see the company raise SAR 80 mn in proceeds
Asas Makeen to open subscription for its Nomu IPO on 19 May
This is a secondary share sale