Emirates NBD Group, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region and Official Premier Partner of E …
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Dubai Misses Out on the IPO Boom Sweeping Abu Dhabi and Riyadh
Dubai may be the tourist gateway into the Middle East, but equity investors are flocking to its neighbors Abu Dhabi and Riyadh instead, as share sales worth billions of dollars heat up local markets.
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ACWA Power sets final IPO price at nearly $15
DUBAI: Saudi utility developer ACWA Power has set the final price of its initial public offering at SR56 ($14.9) per share, the company said in a bourse filing. Half-owned by the Public Investment …
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APICORP sells $750 million in debut green bonds
The Arab Petroleum Investments Corporation (APICORP) sold $750 million debut green bonds with a five-year maturity on Wednesday after drawing around $2.1 billion in orders for the climate-friendly …
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United Arab Emirates becomes EBRD shareholder
The United Arab Emirates (UAE) has become a full member of the European Bank for Reconstruction and Development (EBRD) and its 72nd shareholder, setting the stage for new investment opportunities …
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Exclusive | ABSL AMC IPO: Anchor Investors buy shares worth Rs 800 crore at upper price band
Sources suggest that top domestic investors include HDFC Life, SBI Life, HDFC AMC, SBI AMC, ICICI Pru AMC, and amongst the foreign investors, HSBC AMC, ADIA (UAE) topped the list.
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ADNOC Completes Bookbuilding for Drilling Branch IPO Raising Over $1.1B
State oil giant Abu Dhabi National Oil Co (ADNOC) has completed bookbuilding for the initial public offering (IPO) of ADNOC …
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ADNOC Drilling completes IPO bookbuild raising of over $1.1bn
The Abu Dhabi National Oil Company (ADNOC) has announced the completion of the bookbuild and public subscription process for the initial public offering (IPO) of ADNOC Drilling Company. It also …
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Saudi’s ‘solutions by stc’ sets minimum of 2 shares per individual investor in IPO
Around 1.04mln retail investors subscribed to 2.4 million shares at SR151 per share – an offering oversubscribed by 2,365% …
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Ain Dubai to Open in Four Weeks
The countdown is officially on – in just four weeks, Ain Dubai the world’s largest and tallest observation wheel will take its first customers when it opens to the world on 21st October. Tickets for …
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Adnoc completes drilling unit IPO bookbuild; nets over $1.1bn
Abu Dhabi National Oil Company (Adnoc) has announced the successful completion of the bookbuild and public subscription process for the Initial Public Offering (IPO) of its Adnoc Drilling Company. It …
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Activist Investing Makes New Inroads as Gulf Shakes Off Taboos
Activist investing can be a lonely slog in the Middle East. The hardball tactics deployed by Carl Icahn or Paul Singer’s Elliott Investment Management are all but unheard-of in a region where board …
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Paras Defence IPO: Check Share Allotment Status, Price Details
Share allotment of Paras Defence and Space Technologies’ initial public offering (IPO) is taking place today. Those, who have subscribed the Paras Defence IPO, are all set to know their application …
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Adnoc raises $1.1 billion through IPO of its drilling subsidiary
Company says total gross demand for the IPO amounted to over $34 billion and oversubscription level in excess of 31 times …
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UAE’s Oil Drilling Unit IPO Attracts $34 Billion In Orders
Abu Dhabi National Oil Company (ADNOC) said on Monday that the initial public offering of its unit ADNOC Drilling attracted $34 billion in total gross demand …
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ADNOC completes bookbuilding for IPO of drilling unit raising over $1.1 bln
State oil giant Abu Dhabi National Oil Co (ADNOC) has completed bookbuilding for the initial public offering (IPO) of ADNOC Drilling, raising more than …
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Gross demand for Adnoc Drilling IPO tops $34 billion
Abu Dhabi National Oil Company (Adnoc) announced on Monday the successful completion of the bookbuild and public subscription process for the initial public offering (IPO) …
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