Abu Dhabi’s ADNOC invites banks to pitch for gas business IPO -sources
Abu Dhabi National Oil Company (ADNOC) has invited investment banks to pitch for roles in the initial public offering (IPO) of its gas business next year, two sources […]
EFG Hermes advises on $204mln IPO of Dubai-based Taaleem
UAE – EFG Hermes, a leading investment bank franchise, said its Investment Banking division completed advisory on the $204 million initial public offering (IPO) of Dubai education provider Taaleem. Taaleem […]
Dubai’s Empower set to raise $362mln in IPO
Dubai government–backed district cooling company Empower, which is planning to sell 10% stake in an IPO, has set the price range at between 1.31 and 1.33 dirhams ($0.35 and $0.36) […]
Dubai’s Salik sets IPO offer price at $0.54
Dubai’s toll-gate operator Salik on Tuesday announced the final price for its IPO at AED2 ($0.54) per share, and could potentially raise AED3 billion in the float, an advertisement carried in […]
EFG Hermes plays key role in Borouge’s $2bln ADX listing
EFG Hermes, a leading investment bank franchise in Frontier Emerging Markets (FEM), has announced that its investment banking division successfully concluded its role as joint bookrunner on Borouge’s $2 billion […]
Utico plans share buyback ahead of IPO
Utico, a UAE’s utility firm, plans a share buyback ahead of its initial public offering (IPO) and stock market listing later this year. The privately-owned firm is in talks […]
