The Middle East and North Africa's capital markets recorded 10 initial public offerings in Q4 2025, raising total proceeds of $1.7 billion, said a report. This surge was led by regional heavyweight Saudi Arabia that remained the most active market with six IPOs netting $561.6 million for the three-month period.
The UAE and Saudi Arabia have emerged as the clear leaders of the GCC IPO market, setting the benchmark for scale, sophistication, and investor expectations across the region, according to a new Viewpoint by Arthur D Little.
Silah Gulf, a portfolio company of Bahrain Mumtalakat and a leading customer experience and BPO service provider in the region, has opened subscriptions for its initial public offering (IPO), aiming to raise about BD2.9 million ($7.7 million).
DIP Holding, a subsidiary of Dubai Investments, has announced that it has set the final offer price for its IPO on Dubai Financial Market at AED1.12 per share, raising approximately AED1.9 billion ($529 million) following the successful completion of the bookbuilding and subscription process.
Saudi-based Efsim Facilities Management is set to proceed with its initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange. It will be listing 16.8 million shares (equal to 30% stake share capital).
Almasar Alshamil Education, a leading provider of specialised education in the GCC, has announced the offer price range and commencement of participating entities’ bidding and book-building process for its initial public offering (IPO) on the Main Market of the Saudi Exchange.
The Middle East and North Africa region continued to demonstrate healthy activity and investor interest, with 11 IPOs raising $700 million in total proceeds. The IPO pipeline remains strong, with 19 companies and funds intending to list on the region’s exchanges.
Kamco Invest, a regional non-banking financial powerhouse, has announced that its private equity team has acquired a stake in Unifonic, a leading customer engagement platform and SaaS provider in the Mena region.
DIP Holding, the owner of Dubai Investments Park (DIP) has announced its intention to list its shares on the Dubai Financial Market (DFM) through an Initial Public Offering (IPO) comprising the sale by Dubai Investments of existing ordinary shares representing 20% of DIP Holding’s issued share capital.
Saleh Abdulaziz Al Rashed & Sons Company (SAR), a key Saudi provider of integrated construction materials, mining, and industrial spare-parts solutions, has announced its intention to proceed with an initial public offering (IPO) and the listing of its ordinary shares on the Main Market of the Saudi Exchange.
