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Saudi Arabia's Modern Mills to sell 30% stake in IPO

Modern Mills hired HSBC as the sole financial adviser and global coordinator and Emirates NBD Capital as joint book runner and underwriter. ....

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Saudi Tadawul Group acquires 32.6% stake in DME Holdings

Tadawul said the DME will be rebranded the Gulf Mercantile Exchange and expand in energy, metals and agricultural products as part of the deal. ....

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Dubai's GII invests SAR600m in Saudi Arabian hospital chain

GII said Abeer operates about 50 health-care facilities including hospitals, pharmacies and clinics in Saudi Arabia and the GCC region. ....

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Saudi Arabia's Avalon Pharma sets IPO price range

Saudi-based Avalon Pharma will offer six million shares, or 30 per cent of its issued share capital, on the local exchange. ....

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Saudi Arabia's Avalon Pharma partners with AlUla Peregrina

Avalon Pharma said the patented formulas that will emerge from the collaboration will undergo a few months of formulation and assessment process ....

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