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Dubai party hotel operator FIVE taps Citi, Deutsche Bank for IPO next year, sources say
29 May 2024 03:29 GMT
… with banks on a planned initial public offering next year, people with knowledge … .
The Gulf's IPO market has been buoyant this … franchisee Spinneys, which priced its IPO at the top of its … based hypermarket and mall operator Lulu is also expected to go …
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MENA’s IPO pipeline to remain ‘promising’ in 2024, despite regional challenges
28 May 2024 06:16 GMT
… listings such as Lulu’s forthcoming IPO demonstrates an ever … companies to postpone their IPOs until market conditions improved. … record for recent post-IPO performances. Improving economic conditions … performance of high-profile IPOs launched during the last …
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Privatisation, family firms' listings to spur regional IPOs
28 May 2024 05:51 GMT
… provide advisory services for IPOs will continue to contribute … of global finance.”
Multifactor IPO Growth
Following two years … listings, such as Lulu’s forthcoming IPO, there is now … Capital Markets Hub
Through increased IPO activity, banks, investment banks …
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Robust Gulf IPO activity records $1.2b proceeds in Q1
14 May 2024 21:09 GMT
… of 2024 with 10 initial public offerings in Saudi Arabia and … LuLu Group and Etihad Airways.
Gregory Hughes, EY Mena IPO leader … in Algeria have announced their IPOs.
“The first quarter of … the listing activity with nine IPOs across diverse sectors, while …
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GCC IPOs raise USD 931 million in Q1 2024
12 May 2024 16:46 GMT
… its research report titled “Initial Public Offerings (IPO) in the GCC markets”, … did not have any IPOs during the period.
Sector … and 1% respectively. Other IPOs primarily include companies from the … Closing 12 May 2024
Lulu Group International
Saudi Arabia…
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Mena IPO activity robust in Q1; 10 offerings net $1.2bn
09 May 2024 11:39 GMT
The initial public offerings (IPO) activity in the Middle East … dominate listing activity with nine IPOs across diverse sectors, while DFM … significant upcoming listings, including Spinneys, LuLu Group and Etihad Airways, it …
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Spinneys raises retail investor tranche to 7% in IPO
30 Apr 2024 05:17 GMT
… widely believed that the Spinneys IPO was met with instant over … 855 million.
Of recent UAE IPOs, those from Parkin and Dubai … their business model and the IPO pricing. It augurs well for … been intense speculation about the LuLu Group plans, with many expecting …
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Spinneys’ IPO is a marker for UAE family businesses
23 Apr 2024 05:57 GMT
… supermarkets’ given the imminent IPO of Lulu in addition to another … the retail offering in IPO after IPO. Even though retail investor … making.
Cold calling for local IPOs have boomed (a welcome … the latest addition to the IPO list, promises further capital …
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Supermarket chain franchisee Spinneys plans IPO
17 Apr 2024 11:43 GMT
… Oman, announced plans for an initial public offering (IPO) on the Dubai bourse … raised $11 billion in IPO proceeds in 2023, accounting … the supermarket chain's IPO plans in September, citing … based hypermarket and mall operator Lulu is also expected to …
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Spinneys' IPO sets spotlight on UAE family businesses
18 Apr 2024 06:38 GMT
… listing of Dubai’s Parkin IPO silenced doubters. The stock price … are on the upcoming Spinneys IPO, a significant event that could … ).
This listing and that from Lulu later this year will set … -owned businesses to follow the IPO wave…
Vijay Valecha
The writer …