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Edmund Bower and Pramod Kumar

Edmund Bower and Pramod Kumar
Flynas IPO, Saudi IPOs, Saudi listings

Oversubscribed Flynas IPO offers hope for other Saudi listings

The Saudi budget airline Flynas announced that the retail tranche of its initial public offering (IPO) was oversubscribed four and a half times.  The news offers hope for upcoming IPOs in the kingdom following a fall in the share price of United Carton Industries Company (UCIC) after it listed on the main market last week. […]