IPO

NEWS DESK

AMIS Breaks Ground on Jacob & Co.’s Villa Community in Meydan, Showcases Near-Complete Woodland Residences; Targets a USD 10 Billion IPO Valuation in three years

News Desk 19/06/2026

AMIS GPD Development, one of Dubai’s fastest-growing real estate developers, has broken ground on its sixth project in less than two years, with the commencement of construction on Fleurs de Jardin, its landmark branded villa community created in partnership with high jewelry, high

NEWS DESK

U.S. Markets Stabilize as AI Weakness, SpaceX IPO and Fed Bets Drive Sentiment – Comments from Century Financial

News Desk 08/06/2026

U.S. Markets US equity markets fell sharply on Friday, with the SPX closing 2.92% lower and the NDX closing 5.12% lower, marking one of the worst falls in history for the index. Both indices have stabilised during the Asian session on Monday, with the SPX index trading higher, up 0.81%, while the NDX index is […]

NEWS DESK

SpaceX’s IPO Could Become the Gulf’s Next Strategic Bet

News Desk 08/06/2026

SpaceX’s anticipated public listing is shaping up to be more than another high-profile technology IPO. With a reported valuation approaching $2 trillion, the company’s expected Nasdaq debut could become a defining moment for investors seeking exposure to the infrastructure underpinning the next wave of economic transformation: artificial intelligence, satellite

NEWS DESK

The AI boom is becoming a capital-cycle story – Saxo Bank

News Desk 03/06/2026

Artificial intelligence started as a product story. Better chatbots. Better coding tools. Better image generators. A neat party trick, until the party started asking for data centres, chips, electricity and financing. That is the shift investors now need to understand. The artificial intelligence (AI) race is moving from “what can the product do?” to “who […]

NEWS DESK

GFH Invests as an Anchor Investor in the Dual IPO of Pershing Square Inc. and Pershing Square USA

News Desk 11/05/2026

GFH Bank B.S.C. (“GFH” or “the Bank”) is pleased to announce its participation as an Anchor Investor in the combined initial public offering (IPO) of Pershing Square Inc. (NYSE: PS) and Pershing Square USA, Ltd. (NYSE: PSUS), a landmark dual listing on the New York Stock Exchange led by renowned investor Bill Ackman. Pershing Square, […]

NEWS DESK

Al Ramz Announces IPO for Two New GCC-Focused Investment Funds

News Desk 20/04/2026

Al Ramz Corporation PJSC (ALRAMZ:UH), a leading financial services institution with a 25-year legacy in capital markets, has announced the Initial Public Offering (IPO) of two new open-ended GCC investment funds: the Horizons GCC Sukuks Fund and the Fortitude GCC Equity Fund.   Building on its distinguished legacy, the launch marks a key step in […]

NEWS DESK

SpaceX IPO Set to Become Largest in History, Marking a Defining Moment for Global Markets

News Desk 01/04/2026

SpaceX is reportedly preparing to go public in what could become the largest IPO in history, with a potential valuation exceeding USD $1.75 trillion and plans to raise up to USD $75 billion. If confirmed, this would surpass Saudi Aramco’s 2019 listing, which raised USD $29.4 billion. The listing would mark the first opportunity for […]

NEWS DESK

Alef Education Triumphs at MEIRA Annual Conference 2025, Winning Best Digital Annual Report 2024 and Best Annual Report, Post IPO

PR News Desk 01/10/2025

Alef Education, a UAE-based global leader in education technology and the first EdTech company listed on the Abu Dhabi Securities Exchange (ADX), has been recognized with two prestigious awards – the Best Digital 2024 Annual Report – Mid-Cap Companies Award and the Best Annual Report, Post IPO at the 2025 MEIRA Annual Conference, held in […]

NEWS DESK

Kioxia Holdings Corporation Wins IPO of the Year Award in the Equity Category at the DealWatch Awards 2024

Middle East News 247 26/05/2025

Kioxia Holdings Corporation (TOKYO:285A), a world leader in memory solutions, today announced that it had won the IPO of the Year award in the Equity category at the DealWatch Awards 2024, organized by DealWatch, the most authoritative source of real-time intelligence for deal activity within Japan’s capital markets. The award was presented at a ceremony held

NEWS DESK

UAE IPO List Is About To Get More Diverse – Cafu IPO on The Cards

PR News Desk 25/04/2025

UAE’s mega IPO bull wave will likely see another addition to its kitty. Cafu, UAE’s popular fuel delivery app, is in talks with Lazard Ltd for a possible IPO. The companies have not confirmed the exact details of the amount, the date, or even the actual possibility of the IPO. Cafu, owned by prominent Emirate […]

NEWS DESK

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

PR News Desk 30/01/2025

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 completion of its Initial Public Offering (IPO). NMDC Energy achieved 80%

NEWS DESK

NMDC Energy begins trading on ADX

PR News Desk 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

PR News Desk 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

PR News Desk 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

PR News Desk 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

PR News Desk 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

PR News Desk 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