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.

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Saudi Arabia , IPO , Derayah

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