Please wait...
GulfBase Live Support
- Kuwaiti oil falls by USD 1.25
- Commercial Bank joins key 2025 Annual Meetings of IMF and IIF in Washington, DC
- QNB, QACPA Sign MoU to strengthen collaboration on accounting, auditing and governance
- KFH: World's Best Islamic Bank for 2025
- Net profits of MSX-listed banks in Oman exceed OMR420mn
- Muscat Stock Exchange records highest weekly trading volume this year
- FDI in Oman surpasses OMR30 billion mark
- IHC buys majority stake in Pakistan's First Women Bank
- MSX posts highest weekly trading volume of 2025
- EDO secures $1bn international loan to support long-term growth
19/10/2025 02:52 AST
Real estate developers Binghatti Holding Ltd have issued a statement denying all information published in Debtwire report published on October 16 regarding an Initial Public Offering (IPO).
"Binghati Holding has not published an IPO prospectus or a price range, as reported in the Debtwire article, which cites information from an illegitimate IPO prospectus. Any material developments or announcements by Binghatti Holding will be communicated through official channels," their statement read.
The group is in talks with banks to arrange a possible initial public offering, according to a Bloomberg report from earlier this month. They are said to be working with Citigroup Inc., Morgan Stanley, Emirates NBD and EFG Hermes on a potential deal, Bloomberg reported, quoting people familiar with the matter.
Binghatti Holding Ltd. is one of the leading real estate developers in the UAE, with a portfolio exceeding 80 projects valued at over Dh80 billion.
Their H1 2025 net profit more than tripled to Dh1.82 billion, driven by resilient demand for Dubai real estate. The group's total sales reached Dh8.8 billion, with revenue climbing 189 per cent YoY to Dh6.3 billion.
Khaleej Times
| Ticker | Price | Volume |
|---|
19/10/2025
The net profits of Omani banks listed on the Muscat Stock Exchange (MSX) rose to OMR420.7 million in the first nine months of this year, compared to OMR390 million during the same period last year, r
ONA
19/10/2025
The Muscat Stock Exchange (MSX) recorded its highest weekly trading volume this year during the week, benefiting from the increased trading value of banking shares, OQ Group companies, and a number o
Times of Oman
19/10/2025
The Muscat Stock Exchange (MSX) recorded its highest weekly trading volume of the year last week, driven by increased trading in banking shares, OQ Group companies, and several other leading firms. T
Muscat Daily
19/10/2025
Argentines scrambled Friday to buy dollars and household items as the peso depreciated against the greenback, despite multi-billion dollars of US support for the under-pressure currency.
The
Asharq Al Awsat
17/10/2025
Saudi Arabia's Tadawul All Share Index continued its upward movement for the third consecutive day, as it gained 14.35 points or 0.12 percent to close at 11,696.58.
The total trading turnov
Arab News
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia