Saudi Arabia’s low-cost airline, Flynas, has announced its intention to list shares on the Tadawul stock exchange this year. This move aligns with Saudi Arabia’s broader ambitions to expand its aviation sector and capitalize on the current boom in initial public offerings (IPOs) in the country. The legal implications of this decision are manifold. For […]
B Investments Acquires Majority Stake in Orascom Financial
B Investments announced the successful completion of its mandatory tender offer (MTO) to acquire approximately 70% of Orascom Financial Holding (OFH). This transaction is the first MTO to be executed in the Egyptian market through a
Spinneys Holding (‘Spinneys’ or ‘the company’) has revealed its intention to launch an initial public offering (IPO) and list its ordinary shares on the Dubai Financial Market (DFM). The company disclosed that it
Dr. Soliman Abdul Kader Fakeeh Hospital IPO Cleared by CMA
The Capital Market Authority (CMA) has granted its approval for the registration and initial public offering (IPO) of shares of Dr. Soliman Abdul Kader Fakeeh Hospital Company. This decision, made by the CMA Board on 17/09/1445
Addleshaw Goddard Welcomes Anna Zeitlin to Lead the Fintech
Addleshaw Goddard announced that Anna Zeitlin has joined the partnership in Dubai as Head of Fintech & Financial Services Regulatory practice. Zeitlin is a highly experienced professional who has worked in senior positions at prominent
Saudi-based milling and nutrition company, Modern Mills Company (MMC) has successfully debuted on the main market of the Saudi Exchange (Tadawul) with the guidance of global law firm Baker McKenzie. The Initial Public Offering (IPO),
In a significant development for the automotive industry, Bahrain Mumtalakat Holding Company (“Mumtalakat”) has taken full control of the renowned McLaren Group. This acquisition includes a majority stake in the McLaren F1 team, solidifying Mumtalakat’
Saudi’s Capital Market Authority (CMA) has granted approval for the registration and initial public offering (IPO) of shares by Miahona Company. The decision, made by the CMA Board on 10/09/1445H corresponding to 20/03/2024G, allows
The Capital Market Authority (CMA) has greenlit the registration and initial public offering (IPO) of Saudi Manpower Solutions Company (SMASCO), marking a significant development in the country’s financial landscape. In a resolution dated 01/09/1445H
Parkin Company, the leading provider of paid parking facilities and services in Dubai, has revealed plans to embark on an initial public offering (IPO) and subsequently list its ordinary shares (Shares) on the Dubai Financial