Company Insights Olayan Saudi Investment Co. Banking & Finance Olayan Saudi Investment Co. Overview Saudi Arabian businessman Suliman Saleh Olayan established the Olayan Group in 1947. It has an actively managed portfolio of global investments. It invests in fixed-income securities and public and private equities, including real estate. The company describes itself as “a relatively small team with global reach”. Olayan Investments Company Establishment (OICE), the group’s primary parent company, is based Liechtenstein. Olayan Financing Company (OFC), the parent company for Mena investments and operations, is based in Riyadh. Subsidiaries include Olayan Cosmetics, Olayan Trading, Olayan Construction and Olayan Rope Access. Olayan Saudi Investment Co. News Markets Healthcare group Fakeeh attracts orders of $91bn for Saudi IPO The listing of healthcare conglomerate Fakeeh Care Group was 119 times oversubscribed by institutional investors, the Saudi stock exchange said on Tuesday. The initial public offering was set to raise $763 million but attracted orders of $91 billion, reinforcing Saudi Arabia’s dominance of the region’s IPO market this year. Fakeeh, which was founded in Jeddah […] May 14, 2024 Markets Institutions snap up share of Fakeeh Care Group IPO in minutes Institutional investors snapped up their slice of shares in the Saudi healthcare conglomerate Fakeeh Care Group within minutes of the start of the book-building process for the company’s IPO. Fakeeh Care Group, which was founded in Jeddah in 1978, has set the price range for its initial public offering (IPO) at between SAR53 ($14.13) and […] May 2, 2024 Posts navigation
Markets Healthcare group Fakeeh attracts orders of $91bn for Saudi IPO The listing of healthcare conglomerate Fakeeh Care Group was 119 times oversubscribed by institutional investors, the Saudi stock exchange said on Tuesday. The initial public offering was set to raise $763 million but attracted orders of $91 billion, reinforcing Saudi Arabia’s dominance of the region’s IPO market this year. Fakeeh, which was founded in Jeddah […] May 14, 2024
Markets Institutions snap up share of Fakeeh Care Group IPO in minutes Institutional investors snapped up their slice of shares in the Saudi healthcare conglomerate Fakeeh Care Group within minutes of the start of the book-building process for the company’s IPO. Fakeeh Care Group, which was founded in Jeddah in 1978, has set the price range for its initial public offering (IPO) at between SAR53 ($14.13) and […] May 2, 2024