INSEAD Day 4 - 728x90

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

East Pipes Integrated plans IPO

  • The offering will be limited to qualified investors, who should conduct their own due diligence on the information disclosed in the company’s prospectus
  • 6.3 million shares to be floated as the measure has been approved by Saudi Arabia’s Capital Market Authority

East Pipes Integrated Co. will float 6.3 million shares, or 30 percent of its share capital in an initial public offering. The measure has been approved by Saudi Arabia’s Capital Market Authority.

The offering will be limited to qualified investors, who should conduct their own due diligence on the information disclosed in the company’s prospectus, the market regulator said in a statement.