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Saudi Contractor’s Owners Seek Up To $800 Million in Riyadh IPO

Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co.’s shareholders are seeking up to 3 billion riyals ($799 million) in a Riyadh initial public offering, in what would be the Gulf’s first major listing this year.

Saudi Contractor’s Owners Seek Up To $800 Million in Riyadh IPO

Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co.’s shareholders are seeking up to 3 billion riyals ($799 million) in a Riyadh initial public offering, in what would be the Gulf’s first major listing this year.

Finance Bloomberg May 31, 2026

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