Middle East Equity

Saudi Arabia's wealth fund sold a 2% stake in telecoms utility

After strong results, Delivery Hero is selling 15% of its Middle Eastern division in what will be one of the UAE’s biggest IPOs of the year

LuLu Retail breaks demand records, as international investors take 30% of the book, including Vanguard and GIC

Investor education on OQBI began one week after OQEP's shares fell on their first day of trading

The Abu Dhabi Pension Fund, Bahrain's sovereign wealth fund, Emirates International Investment and the Oman Investment Authority have promised to buy shares, with more long-only accounts in the book as anchors

Company has begun pre-deal investor education to local and international investors on $1.5bn-$1.75bn IPO

OQEP was 2.65 times covered with 50-50 allocation to international and local investors

Deal received ‘substantial’ interest from both local and international investors

Mid-caps in the Gulf approach listings; LuLu in the UAE expected to be next big deal

Omani oil and gas company listing set to break records

AirBaltic is debating whether to press go on a €300m dual listing by the end of 2024, as StandardAero jumps on NYSE debut and Etihad eyes next year

Rump placement was 814% oversubscribed, Almarai shares to be distributed