Hermes: This is a map of initial suggestions in the region

The region of the region will see this year in the new proposals, perhaps the rate of last year, especially in the Saudi market, according to the estimates of Mustafa Gad, head of the promotion and underwriting sector in the financial group “Hermes”. In an interview with “Al -Sharq”, he added on the sidelines of the 2025 Financial Market Forum in Riyadh, that the excellent results of the initial proposals in the Gulf stock exchanges in recent years encourage investors to go to the financial markets in the region. Jad expected us to see the return of proposals to the Omani market in the first quarter with a new initial offer, and we can also see a new list in the Abu Dhabi market. He noted that the indicators indicate that the Saudi market will continue the momentum of proposals from the second quarter this year, as “we see that many companies are preparing to submit their requests to the capital market.” The Kingdom is a witness to a boom in the initial proposals, which included 15 businesses in the main market during 2024, which is the largest number since 2022, according to the group “Tadawal Saudi Arabia” operating the stock exchange. Since the beginning of the year, businesses “Production”, “Umm al -qura” and “Darya for Financial Services” have been underway to offer parts of their shares in the Saudi market. Also read: Saudi stock proposals shine in the midst of the boom of Golf subscriptions, Ahmed Shams El Din, head of the research sector in ‘EFG Hermes’, he saw in an interview with ‘Al -Sharq’ that the growth of the non -oil sector in Saudi Arabia and the UAE, caused by the two countries, forerunner of the forerunner of the forerunner of the forerunner of the forerunner of the forerunner of the forerunner of the preliminary countries of the two countries, the continuation of the moment of the moment of the forerunner of the forerunner of the forerunner of the two countries, supporting the conditions. Considering that the need to diversify the financing tools to continue implementing major projects, it is a motive for the momentum of the proposals in Saudi Arabia. According to Jad, who noted that foreign investors are seeing in foreign investment in the Golf financial markets year after year in the Golf financial markets, they have noticed that foreign investors are raising funds for the region. He said: “We see a request for the shares made for foreign investors in the proposals greater than the offer. This was due to the absence of proposals of many markets such as the European market, in addition to sustainable growth in the region’s markets, especially in the Saudi market, with the lack of risks related to the change of currency. attached to industrial and logistics sectors.