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Auto rental firm Lumi could raise up to $290m from Saudi IPO

The share sale is set to be a litmus test for the Gulf IPO market after a slow summer.

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LUMI RENTAL COMPANY ANNOUNCES ITS INTENTION TO PROCEED WITH AN INITIAL PUBLIC OFFERING AND LISTING OF ITS SHARES ON THE MAIN MARKET OF THE SAUDI EXCHA

LUMI RENTAL COMPANY ANNOUNCES ITS INTENTION TO PROCEED WITH AN INITIAL PUBLIC OFFERING AND LISTING OF ITS SHARES ON THE MAIN MARKET OF THE SAUDI EXCHA
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Saudi Arabia s Lumi car rental to float 30% in IPO

Saudi Arabia s Lumi car rental to float 30% in IPO
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Saudi auto rental firm Lumi to float 30% in IPO

Saudi Arabia s Lumi, one of the largest auto rental firms in the kingdom, on Thursday announced plans to proceed with an initial public offering on the Saudi Exchange. Riyadh-based Lumi.

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Lumi Rental company announces its intention to proceed with an initial public offering and listing of its shares on the main market of the Saudi Exchange

Lumi Rental company announces its intention to proceed with an initial public offering and listing of its shares on the main market of the Saudi Exchange
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaAr riyaAsh sharqiyahUnited statesSouth africaKingdom of saudi arabiaSaudi arabianSaleh al khalilSyed azfar shakeelBassem el shawyRabi al awwalSeera group holdingSaudi exchangeCompany overviewOccupational health safety management systemRiyad bank