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Saudi IPOs attract record USD176bn in investor orders

Saudi IPOs attract record USD176bn in investor orders
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Property shortage to fuel growth for Saudi developers, says S&P

Real estate developers in Saudi Arabia are set to benefit from strong demand for properties, underpinned by the population growth and home-ownership targets under the government s Vision 2030 programme, according to a report by S&P Global Ratings.

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Fakeeh Care Group s $763 4m IPO oversubscribed 119 times

Fakeeh Care Group s $763 4m IPO oversubscribed 119 times
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Saudi Arabia s Rasan to lists 30% stake on local exchange

Rasan is offering 5.3 million new shares and 17.4 million existing shares to investors – equivalent to 30 per cent of the company’s paid-up capital.

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Saudi Arabia s Fakeeh Care Group to sell 21 47% stake in IPO

Saudi Arabia s Fakeeh Care Group to sell 21 47% stake in IPO
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