Saudi utility Marafiq seeks to raise $897m in share sale
Book-building for Marafiq’s IPO opens on Sunday and lasts until October 14, followed by a retail offering from October 26-29.
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Book-building for Marafiq’s IPO opens on Sunday and lasts until October 14, followed by a retail offering from October 26-29.
Marafiq’s IPO is the largest in the kingdom since pharmacy chain Nahdi raised $1.4b
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RIYADH: Saudi Arabia is working to boost its mining sector by attracting investments, spreading digital and advanced technologies, and applying sustainable standards, said the Kingdom’s vice minister for mining affair at the Ministry of Industry and Mineral Resources. Khalid Al-Mudaifer is heading a Saudi delegation in South Africa, where the Kingdom seeks to explore
DUBAI: SABIC Agri-Nutrients Co., a Saudi Basic Industries Corp. subsidiary, has gained the world’s first independent certification for blue hydrogen and ammonia production, said a senior company official. TÜV Rheinland, leading independent testing, inspection, and certification agency based in Germany, has certified the blue hydrogen and ammonia production facilities of SABIC