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Tuesday 22 March 2022
Watch Nahdi Medical Is Biggest #Saudi IPO Since Aramco - Bloomberg video
Watch Nahdi Medical Is Biggest Saudi IPO Since Aramco - Bloomberg
Saudi Arabia's largest pharmacy chain Nahdi Medical debuts on the Tadawul today. Yasser Joharji, CEO of Nahdi Medical Company discusses the IPO plans amid market volatility and deals in the pipeline. Nahdi Medical is seeking to raise as much as $1.36 billion in the listing. Saudi companies raised almost $9.3 billion from share offerings last year, making it the most active IPO market in the Middle East and Africa behind Israel, according to data compiled by Bloomberg. He speaks with Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East." (Source: Bloomberg)
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