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Saudi Contractor MGC Postpones $799 Million Riyadh IPO

Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. has postponed plans for an initial public offering that was set to raise as much as $799 million and rank as the region’s first major listing of the year.

Saudi Contractor MGC Postpones $799 Million Riyadh IPO

Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. has postponed plans for an initial public offering that was set to raise as much as $799 million and rank as the region’s first major listing of the year.

Finance Bloomberg Jun 9, 2026

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