Mutlaq Al-Ghowairi Contracting Co. Shareholders Plan Saudi IPO
Shareholders of Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. plan to raise as much as 3 billion riyals through an initial public offering in Riyadh. The listing would mark the Gulf’s first major IPO of 2026.
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news.google.comShareholders of Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. plan to list shares on the Riyadh exchange in an initial public offering that could raise as much as 3 billion riyals. It would be the first major IPO in the Gulf this year. The company is named Mutlaq Al-Ghowairi Contracting Co.
The IPO amount sought is up to 3 billion riyals. The IPO would take place in Riyadh. @business reported the details of the planned offering.
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