PIF-backed oil, gas driller ADES announces plan for IPO on Saudi Exchange

PIF-backed oil, gas driller ADES announces plan for IPO on Saudi Exchange

Riyadh, Saudi Arabia. Photo by Hala AlGhanim on Unsplash

Saudi Arabian oil and gas driller ADES Holding, backed by the kingdom’s sovereign wealth fund, on Monday announced plans to proceed with an initial public offering (IPO) on the Saudi Exchange.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter