Tags : Megren Al-Shaalan

Banking & Finance Capital Markets Saudi Arabia

Saudi Real Estate Refinance Co. issues SAR3 B guaranteed sukuk   

Saudi Real Estate Refinance Company (“SRC”), the wholly-owned Public Investment Fund of the Kingdom of Saudi Arabia, has increased its programme limit from SAR 10 billion to SAR 20 billion and issuance of SAR 3 billion (USD798 million) sukuk guaranteed by the Ministry of Finance of the Kingdom of Saudi Arabia under its SAR 20 billion domestic sukuk programme.  […]

Food & Beverage IPOs Saudi Arabia

Alamar Foods completes its SAR1.22B public offering and listing

Alamar Foods, a Saudi based Quick Service Restaurant operator in the Middle East, North Africa and Pakistan, has completed its SAR1.22 billion (approximately USD326 million) initial public offering (IPO) and listing of ordinary shares on the Saudi Exchange’s Main Market.  With HSBC Saudi Arabia acting as Lead Manager, Financial Advisor, Bookrunner and Underwriter, the IPO involved […]