IPOs - Global Business Magazine

GlobalFoundries Announce Pricing of $950 Million Secondary Offering of Ordinary

Global Business Magazine May 27, 2024

GlobalFoundries Inc., one of the world’s leading semiconductor manufacturers, has announced the pricing of a secondary public offering of $950 million of Read More

Economy Featured News Regional

Market Capitalisation of Saudi Arabia’s Tadawul Cross $3 Trillion Mark

Global Business Magazine March 21, 2024

Amidst regional tensions and uncertain global economic conditions, the total market capitalisation of Saudi Arabia’s main market Tadawul grew by 13.98% and Read More

Finance Featured News Regional

Social Media Platform Reddit Raises $748 Million

Global Business Magazine March 21, 2024

The San Francisco-based social media platform Reddit, Inc. on Wednesday announced the pricing of its initial public offering (IPO) of an aggregate 22 Read More

Economy Featured News Regional

GCC IPO Market to Remain Strong in 2024, Says Fitch

Global Business Magazine March 13, 2024

The GCC governments’ plans for privatisation is all set to help the Initial Public Offerings (IPOs) momentum remain strong throughout 2024, global rating Read More

Economy Featured News Regional

Parkin Hopes to Raise Around $430 Million Through Its IPO

Global Business Magazine March 6, 2024

Parkin, the Dubai parking spaces operator, on Tuesday set a price range of $0.54 to $0.57 per share for its IPO, for which subscription Read More

Finance Featured Health News Regional

PureHealth Raises $986 Million Through Its IPO on ADX

Global Business Magazine January 11, 2024

PureHealth, the largest integrated healthcare platform in the Middle East, has raised $986 million through its listing on the Abu Dhabi Securities Exchange (Read More

Economy Featured News Regional

Assets of GCC SWFs Reach $4.1 Trillion by end of

Global Business Magazine January 5, 2024

The assets under managements (AuM) of the five sovereign wealth funds (SWFs) in the GCC countries - ADIA, Mubadala, ADQ in the Read More

Finance Featured News Regional

Taaleem Holdings’ Consolidated Revenue Grows by 29%

Global Business Magazine October 5, 2023

The consolidated revenue of Taaleem Holdings, a leading K-12 premium education provider in the UAE with a portfolio consisting of 26 schools and Read More

Business Featured Finance News Regional

GCC Assets under Management (AuM) Industry to Reach $500 Billion

Global Business Magazine September 5, 2023

The GCC asset management market is projected to grow, reaching about $500 billion in onshore assets by 2026, a leap from $400 billion at the Read More