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Middle East Equity

Latest news

  • Terminal X Online Ltd, the Israeli fashion e-commerce company, is due to price its IPO at Ish11.42 a share, the top of the initial range, valuing the company at Ish1.3bn ($390m) on a post-money basis.
  • Saudi Arabia is expected to keep emerging market investors occupied in the second half of the year due to a burgeoning pipeline of IPOs, following strong performance of Saudi equities in 2021 so far.
  • The IPO of Terminal X Online Ltd, the Israeli fashion e-commerce company, is covered following less than a day of bookbuilding, according to a source close to the transaction.
  • A bulging pipeline of business is livening up the UAE’s formerly sleepy equity capital markets, after a series of eye-catching transactions in recent weeks following the biggest IPO in the area for almost three years.
  • Terminal X Online Ltd, the Israeli fashion e-commerce company, is preparing to go public on the Tel Aviv Stock Exchange, having secured the backing of Danish online retail billionaire Anders Holch Povlsen.
  • Banks wrapped up the $730m-equivalent IPO of Abu Dhabi satellite company Yahsat on Thursday with high levels of demand, particularly from local investors.
  • The IPO of Al Yah Satellite Communications Co, the Abu Dhabi satellite company, is covered throughout the initial price range, on a 30% deal size, according to sources close to the deal.
  • The IPO of Yahsat, the Abu Dhabi satellite company, will be the largest flotation in the United Arab Emirates for almost four years, according to terms published on Sunday.
  • Yahsat, the satellite company owned by Mubadala, will attempt a listing on the Abu Dhabi Securities Market (ADX). The company is seeking to list at a time when the European IPO market is difficult, but there is hope that strong local interest and emerging market equity investors will see the deal across the line.
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