Biggest Saudi IPO Since Aramco Seeks to Raise $1.36 Billion.

(Bloomberg) -- Saudi Arabia's largest pharmacy retail chain is seeking to raise as much $1.36 billion from an IPO, in what could be the largest listing in the kingdom since oil giant Saudi Aramco went public in 2019. Saudi Arabian companies raised almost $9.3 billion from share offerings last year, making Riyadh the most active IPO market in the Middle East and Africa behind Israel, according to data compiled by Bloomberg. Saudi Arabia's benchmark Tadawul All Share Index climbed 11.7% this year in dollar terms, making it the eighth best performing stock benchmark globally. [Extracted from the article]