Saudi: Ladun Investment sees 144% higher net profits in H1-23 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-based Ladun Investment Company said one of its subsidiaries, Built Industrial Company, has secured a key contract to provide civil, architectural, electrical, sanitary and drainage services for the Riyadh Tower building in the capital.
The MENA region witnessed a 500% year-on-year increase in the number of companies listing during H1 2022 with 24 IPOs raising proceeds of $13.5 billion – an increase of 2,952% in value when compared to the same period in 2021, said a report.
First half of 2022 witnessed a 500% increase in IPO volume and 2,952% increase in value when compared to same period last year; Mena IPO markets saw nine IPOs during.