Riyad Capital could sell shares to the public as early as mid-2025 at a valuation of around $2.5 billion, the people said, declining to be identified while discussing confidential information.

Asset manager Riyad Capital is leading the investment round, which could close as early as this month, the people said, asking not to be identified as the information is private.

RIYADH, Kingdom of Saudi Arabia: Riyad Capital has emerged as the top-ranked financial institution in Bloomberg’s 2024 Equity Capital Markets (ECM) League Table for Saudi Arabia, with credited deal ...

Riyad Capital recorded assets under management of $24.8 billion in 2023, with an annual growth of 17%. It signed deals between 2023 and March 2024 worth approximately $1.3 billion. Riyad Capital is a ...

This is reported by foreign media. Riyadh Capital plans to place shares worth $2.5 billion. Riyad Bank was considering the possibility of holding an IPO of Riyad Capital in 2024. Saudi Arabia's ...

Al Rajhi Capital led the way among the brokerage firms operating in the Saudi market in February, accounting for 16.3%, or ...