by Fatah Al-Rahman Youssef | Jan 20, 2015 | Business
Riyadh, Asharq Al-Awsat—IPO activity in the Middle East is expected to increase considerably during 2015, a report by global professional services firm Ernst Young concluded, as the region recorded its most successful year for stock market debuts since before the...
by Asharq Al-Awsat | Mar 31, 2014 | Business
Kuwait, Reuters—Kuwait Projects Company (KIPCO), the Gulf state’s largest listed investment company, plans to start the process for an initial public offering (IPO) of shares for its pay-television unit, Orbit Showtime Network (OSN), within weeks, it said on...
by Asharq Al-Awsat | Dec 15, 2013 | Business
Kuwait City, Reuters—Kuwait is set to secure 1.43 billion US dollars in financing from a consortium of banks for a power and desalination plant, one of the major projects in the Gulf Arab state’s development plan, National Bank of Kuwait (NBK) said. The Az-Zour...
by Asharq Al-Awsat | Oct 4, 2013 | Media
New York,AP—Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion in one of the year’s most eagerly awaited stock market debuts. The documents revealed for the first time how much money...
by Asharq Al-Awsat | May 12, 2013 | Business
Dubai, Reuters—A planned floatation of Doha Global Investment Co, a USD 12 billion (GBP 7.8 billion) Qatari investment firm backed by assets from the Gulf state’s sovereign wealth fund, has been postponed pending necessary approvals, a senior bourse official...
