CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

Business / Middle East Business

Saudi’s biggest IPO hits market

Published: 13 Nov 2014 - 12:50 am | Last Updated: 19 Jan 2022 - 03:45 pm

Investors monitor screens at the Saudi Stock Exchange in Riyadh. Shares in Saudi Arabia’s biggest lender, National Commercial Bank, jumped the 10 percent limit upon listing yesterday after a $6bn IPO, the largest ever in the Arab world and the second-biggest globally this year.