The world is awaiting tomorrow the largest IPO in the Saudi market and the global market, as the stock market will witness tomorrow, Sunday, the start of the IPO of Saudi Aramco, one of the largest integrated oil and gas companies in the world, and the offering will be after the announcement of the price range for the subscription, according to the prospectus for the offering announced by the company a few days ago, including That the subscription period for corporate and institutional subscribers will start on November 17 and end by the end of 04\/12\/2019, and the subscription period for individual subscribers will start on November 17 and end by the end of 28\/11\/2019, and also according to what was issued by a number of Saudi banks participating in the subscription requests, which decided to extend their working hours in anticipation of the expected intensity of the subscription. (Aramco IPO)<\/p>\n
The prospectus issued by Saudi Aramco included a list of 13 banks participating in the public offering of the company's shares in the local market, and indicated that the application forms for the subscription will be available through these participating banks once the opportunity to subscribe to the offering is available, and that the company's prospectus will be available on the company's website and the websites of these banks.<\/p>\n
In turn, the Saudi banks participating in the expected offering tomorrow, Sunday, decided to extend the working hours in their branches until six in the evening, in anticipation of the expected intensity in the volume of demand for the offering in light of its attractiveness to investors and the large number of individuals entitled to subscribe: all Saudi citizens, including divorced or widowed women who have minor children from a non-Saudi husband, and citizens of the Gulf Cooperation Council countries provided that they have an account with one of the receiving banks, and residents in the Kingdom provided that they also have an account with one of the receiving banks.<\/p>\n
Expectations of a large turnout for tomorrow's IPO are supported by a consensus on the feasibility of its expected return based on the financial and operational status of Saudi Aramco, which applies comprehensive and disciplined procedures regarding capital expenditures, new projects and borrowing, and analyzes future projects based on its strategic, operational, commercial and financial objectives. (175.9 billion riyals), achieving a profit margin before interest and taxes of about (346.9 billion riyals) with another cash flow of 142.4 billion riyals, and hydrocarbon production during the first half of 2019 amounted to 13.2 million barrels of oil equivalent per day, including 10.0 million barrels of crude oil per day, and Aramco enjoys reliability in delivering its crude oil and refined products to customers by about 100%.<\/p>\n
The incentives announced by Saudi Aramco are also supportive of increasing subscription rates tomorrow. These incentives include fixed cash distributions over the next five years, with a yield of 3.5 to 5 % with a fixed distribution and net profit, and the Saudi individual subscribers to the offering shares who will hold them for 180 days from the first date of commencement of trading of the shares on the financial market (the free shares vesting period) on a continuous and uninterrupted basis (eligible shares) to receive one share (free share) for every ten subscription shares allocated to him, provided that the number of free shares granted and due to each eligible subscriber shall not exceed a maximum of 100 free shares per eligible subscriber.<\/p>\n
Tadawul has announced its readiness and integration of all its systems to receive the largest offering in the history of the financial markets, and emphasized that it has worked over the past two years with the support of the Capital Market Authority to achieve several fundamental developments to enhance market efficiency, develop its infrastructure, and increase levels of governance and transparency in line with the best practices of international markets.<\/p>\n
Cooperation between Riyadh Chamber and the UAE in spreading the culture of endowments<\/a><\/p>\n Editor-in-Chief Abdulaziz Al-Issa writes : How do you develop your real estate?<\/a><\/p>\n Prince of Aseer praises the efforts and cooperation of \u201cHousing\u201d in the \u201cResidential Exhibition\u201d in Abha 16 financing entities and real estate consultant at the exhibition<\/a><\/p>\n With the participation of 800 businessmen and women and financing entities, Sharqiya Business Youth Exhibition offers 300 investment initiatives<\/a><\/p>\n MoU between Al Ahli Bank and \u201dSocial Development\u201d to implement savings programs<\/a><\/p>\n Nayef Al Rajhi Investment Company announces a new real estate development project in London<\/a><\/p>\n Inaugurated yesterday by the Emir of Riyadh Aspar Forum\u00a0 <\/span>Dedicated to technology for a vibrant society, a thriving economy and an ambitious nation<\/a><\/p>\n Ministry of Justice carries out more than 32,000 electronic verifications of real estate deeds in 9 months<\/a><\/p>\n Housing: Extending the deadline for payment of fees and white land development leads to increased supply through incentives<\/a><\/p>\n Record-breaking Riyadh Season attracts more than 5 million visitors since its launch<\/a><\/p>\n Numerous achievements in housing projects under construction in Jeddah The Ministry handed over a number of housing units<\/a><\/p>\n Saudi Real Estate Company starts developing the facilities of Al Widyan project northwest of Riyadh<\/a><\/p>\n Ministry of Justice authorizes GCC nationals to dispose of land they own<\/a><\/p>\n Real estate prices fell by 2.7% in the third quarter<\/a><\/p>\n CMA approves Aramco's initial public offering<\/a><\/p>\n \u00abCapital Market Authority Approves the IPO of a portion of Aramco's shares\u00bb<\/a>\u00a0 <\/span><\/p>\n British firm designs Red Sea Project airport to accommodate 900 passengers per hour<\/a><\/p>\n The Real Estate Fund Call Center completes 63% of the total mortgage contracts for residential products<\/a><\/p>\n Taqeem implements the first training courses for the real estate appraisers qualification program in Makkah<\/a><\/p>\n Public Authority for State Properties organizes a workshop to develop a mechanism to provide government headquarters<\/a><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 3<\/span> Minutes<\/span><\/span>\u064a\u062a\u0631\u0642\u0628 \u0627\u0644\u0639\u0627\u0644\u0645 \u063a\u062f\u0627\u064b \u0623\u0636\u062e\u0645 \u0627\u0643\u062a\u062a\u0627\u0628 \u0641\u064a \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0633\u0639\u0648\u062f\u064a \u0648\u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u060c \u062d\u064a\u062b \u064a\u0634\u0647\u062f \u0633\u0648\u0642 \u0627\u0644\u0623\u0633\u0647\u0645 \u063a\u062f\u0627\u064b \u0627\u0644\u0623\u062d\u062f\u060c \u0628\u062f\u0621 \u0627\u0643\u062a\u062a\u0627\u0628 \u00ab\u0623\u0631\u0627\u0645\u0643\u0648 \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629\u00bb \u0648\u062a\u0639\u062f \u0627\u0644\u0634\u0631\u0643\u0629 \u0645\u0646 \u0643\u0628\u0631\u064a\u0627\u062a \u0634\u0631\u0643\u0627\u062a \u0627\u0644\u0646\u0641\u0637 \u0648\u0627\u0644\u063a\u0627\u0632 \u0627\u0644\u0645\u062a\u0643\u0627\u0645\u0644\u0629 \u0639\u0644\u0649 \u0645\u0633\u062a\u0648\u0649 \u0627\u0644\u0639\u0627\u0644\u0645\u060c \u0648\u0633\u064a\u0643\u0648\u0646 \u0627\u0644\u0637\u0631\u062d \u0639\u0642\u0628 \u0627\u0644\u0625\u0639\u0644\u0627\u0646 \u0639\u0646 \u0627\u0644\u0646\u0637\u0627\u0642 \u0627\u0644\u0633\u0639\u0631\u064a \u0644\u0644\u0627\u0643\u062a\u062a\u0627\u0628 \u062d\u0633\u0628 \u0645\u0627 \u0635\u062f\u0631 \u0641\u064a \u0646\u0634\u0631\u0629 \u0627\u0644\u0625\u0635\u062f\u0627\u0631 \u0627\u0644\u062e\u0627\u0635\u0629 \u0628\u0627\u0644\u0637\u0631\u062d \u0627\u0644\u062a\u064a \u0623\u0639\u0644\u0646\u062a\u0647\u0627 \u0627\u0644\u0634\u0631\u0643\u0629 \u0645\u0646\u0630 \u0623\u064a\u0627\u0645 \u0645\u062a\u0636\u0645\u0646\u0629 \u0628\u0623\u0646 \u0641\u062a\u0631\u0629 … Read more<\/a><\/p>","protected":false},"author":10,"featured_media":26296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"\u0627\u0643\u062a\u062a\u0627\u0628 \u0623\u0631\u0627\u0645\u0643\u0648 .. \u0627\u0644\u0639\u0627\u0644\u0645 \u064a\u062a\u0631\u0642\u0628 \u0627\u0643\u062a\u062a\u0627\u0628 \u0623\u0631\u0627\u0645\u0643\u0648 \u063a\u062f\u0627\u064b.. \u064813 \u0628\u0646\u0643\u064b\u0627 \u0645\u0634\u0627\u0631\u0643\u0629 \u0641\u064a \u0627\u0644\u0637\u0631\u062d \u0627\u0644\u0639\u0627\u0645.. \u062a\u0648\u0632\u064a\u0639\u0627\u062a \u0646\u0642\u062f\u064a\u0629 \u062b\u0627\u0628\u0646\u0629","_seopress_titles_desc":"\u0627\u0643\u062a\u062a\u0627\u0628 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IPO<\/h3>\n
Aramco IPO<\/h3>\n