Saudi’s Derayah launches high-profile IPO


- Reuters

RIYADH: Saudi Arabia’s Derayah Financial Co demands all shares in its initial public offering (IPO), which is valued at up to 1.5 billion riyals, just minutes after subscriptions opens.

This marks the beginning of what is expected to be a busy year for share sales in the kingdom.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Saudi Arabia , IPO , Derayah

Next In Business News

Carimin acquires 19.5% stake in Sealink International for RM40mil
TNB terminates renewable energy PPA with Reneuco
Sunway to proceed with RM11bil takeover of IJM
KIP-REIT expects higher footfall across its malls
Oxford Innotech wins RM4.8mil data centre job
Suria Capital appoints Abd Rahman Dahlan as chairman
Ringgit closes higher amid US-EU tariff concerns, easing Japanese government bonds
Shin Yang secures RM117.7mil vessel deal
UOA REIT reports threefold profit increase in 4Q25
Perak Transit appoints Ismail Jamal as general manager

Others Also Read