IPO | Egypt Oil & Gas
ENPPI, ELAB, and PMS Secure Temporary EGX Listings Ahead of Stake Sale
The Engineering for the Petroleum and Process Industries (ENPPI), the Egyptian Linear Alkyl Benzene Company (ELAB), and the Petroleum Marine Services Company (PMS) are now officially temporarily listed on the Egyptian...
Korra Energi Debuts on EGX
Trading in energy solutions firm Korra Energi began today(June 11) on the Egyptian Stock Exchange(EGX), following an offering earlier this month of an 11% stake split between a private placement for institutions (60%...
ADES Reveals IPO Plan, Expected to List 30% Stake on Tadawul
ADES Holding Company has announced its plans to float 30% of its share capital on the Saudi Tadawul. The company’s IPO offers 338,718,754 ordinary shares, which will be listed and traded on the Saudi Exchange’s Main M...
ADNOC Logistics and Services IPO Increases in Size
ADNOC has announced that it will use its right as a selling shareholder to increase the number of ordinary shares offered in the initial public offering (IPO) of ADNOC Logistics & Services to 1,405,714,765 ordinar... ADNOC Gas Shares Jump by 18% over IPO Price
ADNOC Gas’s stakes have jumped to 2.8 dirhams ($0.7625), compared to 2.37 dirhams at its initial public offering (IPO), Reuters reported. This indicates that ADNOC Gas’s shares have increased by about 18% ...
Energy Firms Make Up Half of Companies to be Listed on EGX: El Molla
Around half of the public sector companies set to be listed on the Egypt Stock Exchange (EGX) belong to the oil and energy sector, Minister of Petroleum and Mineral Resources Tarek El Molla told Asharq Business. Usual...
Rawabi Works to Secure $500M in Funding Before Potential IPO
An initial public offering (IPO), which could value the Saudi company at about $1 billion by the end of this year, is being considered by Rawabi Energy Co., part of Rawabi Holding Co. Rawabi is looking to raise as muc... ADNOC Drilling Completes Listing in ADX
Abu Dhabi National Oil Company (ADNOC) announced that it has completed the listing of ADNOC Drilling Company on the Abu Dhabi Securities Exchange (ADX), according to a report from Emirates News Agency. With an initial...
