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ACWA POWER IPO
Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake saleThe deal, which was marketed internationally, is the biggest equity capital market transaction in the Middle East this year, said a source ...- Saudi Arabia's ACWA Power launches IPOThe company, which is half-owned by the kingdom's sovereign wealth fund, plans to issue 85.3 million shares, representing 11.67 per cent of...
- Saudi IPO market set for bumper year boosted by lockdown savingsFour out of seven IPOs from Gulf countries last year launched on Saudi Arabia's Tadawul bourse, the largest market in the region with avera...
- From Lucid to Tesla, Saudi Wealth Fund goes on spending spreeThe investments are part of plans, unveiled after the collapse in crude prices in mid-2014, to turn the PIF into the world’s biggest sovere...
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