IPO

NEWS DESK

NMDC Energy delivers impressive 2024 financial results, capping off historic year

News Desk 1 30/01/2025 0

NMDC Energy PJSC (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), has reported exceptional financial results in its 2024 full year earnings announcement, concluding a historic year marked by strategic international expansion, a healthy project pipeline, and the successful

NEWS DESK

NMDC Energy begins trading on ADX

News Desk 1 11/09/2024

NMDC Energy PJSC (ADX: NMDCENR), a provider of engineering, procurement and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC (ADX: NMDC), today began trading on the Abu Dhabi Securities Exchange (ADX) following an Initial Public Offering (IPO) that was oversubscribed by 31.3 times. H.E. Mohamed Hamad Ghanem

NEWS DESK

NMDC Group’s IPO of NMDC Energy closes 31.3 times oversubscribed, generating total gross demand of AED 88 billion

News Desk 1 05/09/2024

NMDC Group, a leader in engineering, procurement, construction, and marine dredging, today announces the successful closing of the Initial Public Offering (“IPO” or “Offering”) of NMDC Energy, which was oversubscribed by 31.3 excluding cornerstone. The offering attracted exceptional investor interest, generating total gross demand of AED 88 billion. The offering of 1.15

NEWS DESK

NMDC Group’s IPO of NMDC Energy 14x oversubscribed within Day 4

News Desk 1 03/09/2024

NMDC Group – P.J.S.C. (ADX: NMDC), a leader in engineering, procurement, construction, and marine dredging, announced today that the Initial Public Offering (“IPO” or “Offering”) for 1.15 billion shares (“Offer Shares”) in its wholly owned subsidiary, NMDC Energy – P.J.S.C. (“NMDC Energy”) has been oversubscribed 14 times by day four of its subscription period following

NEWS DESK

NMDC Group’s IPO of NMDC Energy 7x oversubscribed within Day 2

News Desk 1 01/09/2024

NMDC Group – P.J.S.C. (ADX: NMDC), a leader in engineering, procurement, construction, and marine dredging, announced today that the Initial Public Offering (“IPO” or “Offering”) for 1.15 billion shares (“Offer Shares”) in its wholly owned subsidiary, NMDC Energy – P.J.S.C. (“NMDC Energy”) has been oversubscribed seven times by day two of its subscription period. Strong

NEWS DESK

NMDC Group’s IPO of NMDC Energy oversubscribed within hours of Day 1

News Desk 1 30/08/2024

NMDC Group – P.J.S.C. (ADX: NMDC), a leader in engineering, procurement, construction, and marine dredging, announced today that the Initial Public Offering (“IPO” or “Offering”) for 1.15 billion shares (“Offer Shares”) in its wholly owned subsidiary, NMDC Energy – P.J.S.C. (“NMDC Energy”) has been oversubscribed within hours of the first day of its subscription period.

NEWS DESK

QUARA FINANCE THE LEADER IN DIGITAL MICROLENDING SUCCESSFULLY LISTS ON NOMU

News Desk 1 07/03/2024

Quara Finance, a leading Saudi Company providing innovative Sharia-compliant financial solutions, today announced its successful listing on the Nomu-Parallel Market of the Saudi Exchange (Tadawul). The company’s IPO offering of 2.65 million shares, representing approximately 8.83% of its capital, was oversubscribed by 218%, demonstrating strong investor confidence in