{"id":3779,"date":"2022-09-18T07:59:50","date_gmt":"2022-09-18T07:59:50","guid":{"rendered":"https:\/\/gulftimes.ae\/arabian-drilling-to-proceed-with-ipo-for-30-stake-on-saudi-main-market\/"},"modified":"2022-09-18T07:59:50","modified_gmt":"2022-09-18T07:59:50","slug":"arabian-drilling-to-proceed-with-ipo-for-30-stake-on-saudi-main-market","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=3779","title":{"rendered":"Arabian Drilling to proceed with IPO for 30% stake on Saudi main market"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div class=\"field field-name-field-publication-date field-type-datestamp field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><span class=\"date-display-single\">Sun, 2022-09-18 10:48<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>\n\t<br \/>\n\tRIYADH: Arabian Drilling Co., one of the largest oil and gas drilling contractors in Saudi Arabia, has announced its intention to list its ordinary shares on the Saudi main index in an initial public offering.<\/p>\n<p>\tArabian Drilling said it will sell existing shares representing 19.98 percent of its post-listing share capital, and issue new shares representing 10.11 percent of its share capital, according to a bourse filing.<\/p>\n<p>\tThe upcoming book-building event is going to take place from Sept. 28 to Oct. 5, 2022.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-field-binary field-type-image field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above\">\n<div class=\"field-label\">Main category:&nbsp;<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">Business &amp; Economy<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.arabnews.com\/node\/2164701\/business-economy\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sun, 2022-09-18 10:48 RIYADH: Arabian Drilling Co., one of the largest oil and gas drilling contractors&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-3779","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v28.5) - 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