IPO

Saudi digital services firm NourNet is exploring a potential initial public offering on the local stock exchange in collaboration with Goldman Sachs and HSBC.

SpaceX has raised $75 billion in its historic public listing, pricing shares at $135 each and surpassing Saudi Aramco’s previous record.

SpaceX and Google are negotiating a deal to launch orbital data centers in space, positioning the unproven technology as a cornerstone of SpaceX’s investor pitch ahead of a historic IPO.

The UAE and Saudi Arabia have set new benchmarks in the GCC IPO Market, with 2024 recording the highest-ever activity of 53 listings raising USD 12.9 billion across the region.

MENA capital markets recorded 10 IPOs raising $1.7B in Q4 2025, with Saudi Arabia leading activity through six listings totaling $561.6M.