Logistics Refrigeration logistics company CGS to float in November Cold-chain tech company Consolidated Grünenfelder Saady Holding (CGS) will open subscriptions for its initial public offering next month. The Saudi-Swiss joint venture, which produces refrigerated vehicles and warehouses across Saudi Arabia and Bahrain, is selling 30 million shares (30 percent of its share capital) on the Saudi Stock Exchange. The Capital Market Authority approved the […] October 30, 2025
Finance IPOs on horizon for Saudi startups as VC funding tops $1bn Saudi startups attracted record funding in the first nine months of 2025, intensifying speculation about mergers and initial public offerings. Between January and September more than 170 deals raised a combined $1.3 billion, breaking the billion-dollar barrier for the first time. About $466 million was raised in the third quarter alone, the highest of any […] October 29, 2025
