• Saudi Arabia is poised for another bustling year of initial public offerings (IPOs), with around 100 companies expressing intentions to go public, including the first airline listing. The Kingdom's stock market has shown resilience, ranking seventh globally in IPO proceeds last year, with 15 offerings raising approximately $4.3 billion. This trend is fueled by a strong economic outlook and a growing appetite for investment, particularly in sectors like aviation and logistics, as the government pushes forward with its Vision 2030 objectives.

• The Saudi Public Investment Fund (PIF) is actively involved in this IPO wave, planning to list stakes in several of its subsidiaries. The fund's recent $7 billion murabaha financing indicates its commitment to expanding its investment portfolio and supporting local market liquidity. As the PIF aims to inject $40 billion annually into the domestic market, the competitive landscape for IPOs is expected to intensify, with companies needing to differentiate themselves to attract investor interest amidst a crowded field.