The school operator added 28,563 students for the 2022/23 academic year, a 36.2 per cent YoY increase in enrolments
The bank allows its customers to digitally create an investor number on the Abu Dhabi bourse and apply for IPO subscriptions
The contract covers dredging, land reclamation and marine construction of an artificial island for the Lower Zakum offshore field
Taaleem operates 26 schools with 27,000 students, supported by more than 1,700 faculty members and 3,000 administrative staff in the UAE
ADNOC L&S expects to increase the annual dividend per share by at least 5 per cent per annum
The company will continue to pursue the IPO of Olam Agri at the next practical window without providing any approximate time frame
The milling company said big investors placed orders worth SAR68.8bn, almost 69 times more than was available to them
The futures contracts will help investors effectively hedge against market volatility and make profitable trades
The initiative will help enhance liquidity in the market, improve price discovery and diversify the capital markets
The maritime logistics firm expects the final offer price to be announced on May 26, after the book-building process
The price range has been set between SAR100 and SAR130 per share, with 85,600 shares on offer representing 16 per cent of company’s share capital
The company expects the final offer price to be announced on May 26, after the book-building process
The company plans to use the net proceeds from the share sale to strengthen its capital base to support future growth
The share sale comes just a few months after state-owned ADNOC raised $2.5bn in the listing of its gas business
The company secured approval from the Saudi Capital Market Authority to offer 21,000,000 shares, representing 30 per cent of its issued share capital
Are deals and valuations resilient for the healthtech sector in 2023?
The company’s full-year net profit jumped by 7 per cent year-on-year to Dhs1bn in 2022 while its revenues reached Dhs2.8bn
Emerging Markets Property Group is set to hire Rothschild & Co. for the potential IPO in Dubai or Abu Dhabi
The two entities have partnered with advisory firms that are a key part of the city’s financial and business ecosystem
The company’s unaudited combined pro forma results follow its record IPO earlier in March
The data analytics firm’s shares shot up as much as 176 per cent to Dhs3.70 compared to the IPO price of Dhs1.34 apiece
The company sold 750 million shares and set the final share price at Dhs1.03, implying a market capitalisation of Dhs7.73bn at listing
The IPO is Abu Dhabi Securities Exchange’s second listing this year and it was oversubscribed by 136 times
The IPO is the largest ever in Abu Dhabi and the largest globally, year to date, as the emirate is expecting eight more listings
The listing is the latest in a series of IPOs in the Gulf region as governments seek to bring more international investors into their markets
The company plans to list its shares for trading on the Dubai Financial Market next month
The road-toll operator said the number of revenue-generating trips jumped 13 per cent to 413 million trips compared to 367 million in 2021
The company paid its shareholders a total of Dhs3.7bn consisting of an interim dividend of Dhs2.2bn in July and a further D1.5bn at the end of 2022
A total of five IPOs in Abu Dhabi raised $5.37bn last year with state-related entities dominating the listings
The company increased the number of ordinary shares offered in the IPO to 3.8 billion on Monday, implying market capitalisation of Dhs182bn