Middle East Equity

Dubai Parks and Resorts, a subsidiary of Meraas Holding, has received more than enough demand to complete the institutional tranche of its initial public offering, just three days after the deal was launched and a week before the deadline for commitments.

Dubai Parks and Resorts, a subsidiary of Meraas Holding, today began the bookbuilding phase of its planned IPO on the Dubai Financial Market.

Saudi Arabia’s National Commercial Bank on Sunday closed the offer period for its Sr22.5bn ($6bn) fixed price IPO, having attracted huge demand from its local retail market.

Saudi Arabia’s National Commercial Bank closed on Sunday the offer period for the sale of 300m of its shares, having attracted huge demand from its local market by offering a big discount.

Kuwaiti conglomerate Mezzan Holding launched an IPO on Monday.

Saudi National Commercial Bank opened up on Sunday for what could be the Gulf's biggest ever book build, as well as EMEA's biggest deal this year.

Shares in Emaar Malls, the recently listed company that owns the Dubai Mall, surged on its first day of trading on Thursday, providing hope for bankers that had said the company's aftermarket performance could make or break Dubai's IPO reforms.

Emaar Malls raised $1.6bn through an IPO completed over the weekend, which bankers hope could open up what they have called one of the biggest liquidity hubs in the world.

Emaar Malls began bookbuilding on its up to $10.3bn IPO on Sunday, hoping to command a premium to its net asset value through the deal.

Kuwaiti mobile operator Zain has delayed a sale of its Bahraini subsidiary, set to be the country's first IPO in years, by two weeks.

Emaar Malls began bookbuilding on its up to $10.3bn IPO on Sunday, hoping to command a premium to its net asset value through the deal.

Ithmar Capital sold an £88m stake in Abu Dhabi healthcare firm Al Noor on Wednesday night, taking the first opportunity since a lock-up period ended just before the summer lull to further reduce its stake.