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Riyad Capital Eyes Saudi IPO at $2.5 Billion Valuation(Bloomberg) -- Saudi Arabian lender Riyad Bank is working with JPMorgan Chase & Co. on a potential initial public offering of its investment banking arm, according to people familiar with the matter.
As major Gulf markets experience gains amid anticipation of U.S. tariff decisions and geopolitical tensions, investors are keenly observing the Middle Eastern stock landscape for opportunities. In ...
Riyadh Municipality has introduced a range of investment opportunities for 2025 through the electronic platform “FURAS,” which serves as the primary source for all investors interested in real estate ...
The company has a fully integrated business model, strategically positioned to leverage its robust manufacturing capabilities ...
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PIF-backed Riyad Bank considers IPO of its investment banking unitRiyad Bank is backed by the Public Investment Fund with a stake of 21.75 per cent, while the Saudi government has a 10.39 per cent ownership in the lender. The lender ...
Riyad Bank SJSC is a Saudi Arabia-based company that provides a full range of banking and investment services. The Company operates in following segments: Retail banking , which includes deposits, ...
The agreement will be used to develop new shopping malls, enhance entertainment venues, and expand real estate projects.
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