The Clap
Eshraq Investments, listed on the ADX, is considering offering a stake in the Saudi Tadawul, potentially making it the second dual-listed company in both markets after Americana (6015).
What
The BoD will discuss the potential listing plan at its meeting scheduled for next Tuesday, according to the company’s disclosure on the ADX.
So What
Last year, the Gulf region saw nearly $23 billion in listings, which represents almost half of all listings in Europe and the MENA region.
Now What
The Singapore-based Olam Group, one of the largest agricultural commodities trading companies in Asia, has revealed its intention to launch its agribusiness unit in Singapore and Saudi Arabia during H1 2023.
