IPOs | Egypt Oil & Gas
Aramco Close to Announcing IPO Managers
Saudi Aramco is expected to give lead roles to JPMorgan Chase, Morgan Stanley, and National Commercial Bank (Al-Ahli NCB) for its planned initial public offering (IPO), Reuters reported. JPMorgan Chase is close to win...
Aramco Considers Two-Stage IPO
Saudi Aramco is considering a plan to split its awaited initial public offering (IPO) into two phases, the Wall Street Journal reported. The first phase of the IPO could be launched on the Saudi Stock Exchange (Tadawu...
Saudi Aramco Looking for IPO Bookrunners & Coordinators
Saudi Aramco is seeking bookrunners and coordinators for its proposed initial public offering (IPO), sources told Reuters. The company plans to offer an IPO of up to 5% of its valuation next year. JP Morgan, Morgan St...
ADNOC Raises $851M in 10% IPO of Distribution Unit
Abu Dhabi National Oil Company offered 1.25 billion shares in ADNOC Distribution on the Abu Dhabi Securities Exchange for the price of 2.5 AED today, Zawya reports. The shares represent a 10% stake in the company and ...
Egypt to List 24% of Enppi in EGX
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that the government agreed on listing 24% of the shares of Enppi in the Egyptian Stock Exchange Market (EGX), reported Amwal Al Ghad....
Riyadh’s Oil Outputs to Impact Global Economy, Not Aramco IPOs
Saudi Arabia’s oil production levels will be far more significant to the global economy than Aramco’s plans for the initial public offerings (IPOs) selling shares in its upstream and downstream facilities, accor...Page 1 of 1
