Hadeel Al Sayegh
Stories by Hadeel Al Sayegh
Saudi Arabia’s SAL Saudi Logistics eyes up to $678m from IPO
SAL Saudi Logistics is 70% owned by Saudi Arabian Airlines Corporation.
Saudi Arabia auto rental firm Lumi jumps 30% in Riyadh IPO
The auto rental company's IPO prospectus said it ranked as the third-biggest operator in the country
Saudi-backed oil and gas driller ADES likely to price IPO at top of range
ADES is the second company to seek a flotation on the Saudi Exchange since this summer.
India’s Reliance Retail in talks with Gulf, Singapore funds for $1.5b investments
GIC, ADIA, and Public Investment Fund are looking to invest at least $500m each in Reliance Retail.
Dubai ruler’s investment vehicle weighs sale of 25% stake in fashion retailer Azadea
Dubai Holding has selected JPMorgan and Rothschild & Co to advise on the sale.
Oman’s OQ Gas Networks plans biggest IPO in Muscat in almost two decades
The IPO could raise $700-800m.
Auto rental firm Lumi could raise up to $290m from Saudi IPO
The share sale is set to be a litmus test for the Gulf IPO market after a slow summer.
PIF-backed oil, gas driller ADES announces plan for IPO on Saudi Exchange
The public share-sale will comprise 338,718,754 ordinary shares.
Saudi Arabia healthcare group Fakeeh Care said to be weighing IPO
Fakeeh Care is considering selling a 30% stake through an IPO.
PIF-backed Nesma to acquire Dubai-based energy services firm Kent
The deal is expected to be completed by the end of the year.