market-analysis

First Saudi IPO since Iran war set to raise $55m

By CityCalc Newsroom · Tue May 05 2026 · Source: AGBI

Dar Albalad for Business Solutions Company, an IT services provider across the private and public sectors, is set to raise SAR205 million ($55 million) from its listing on the Saudi stock exchange. The final offer price for the initial public offering was set at SAR9.75 per shar…

Dar Albalad for Business Solutions Company, an IT services provider across the private and public sectors, is set to raise SAR205 million ($55 million) from its listing on the Saudi stock exchange. The final offer price for the initial public offering was set at SAR9.75 per shar…

Curated by CityCalc from AGBI. Read the full article at the source.

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