WHY PRIVATE FIRMS GO PUBLIC IN SAUDI ARABIA: CASE STUDY OF ALMARAI COMPANY

Authors

  • Afaf Motawkel
  • Shabbir Ahmad

Abstract

There are many reasons as to why private firms go public. Going public means the companies selling share of the companies for the first time in the share market. The organizations going public can help in benefitting the organization. The causes behind companies conducting Initial Public Offering (IPO) are very variable based on the intentions of the firm itself, their existing circumstances and their future bearings. Additionally, it has become increasingly less complex to accomplish liquidity for a company even while staying private through ancillary purchases and markets. The aim of this research is to understand as to why firms go public in Saudi Arabia through investigation of case study of Almarai Company. This study access the share price graphs of Almarai Company in the stock market of Saudi Arabia. The findings showed us that the Almarai Company received a lot of name in the Saudi and GCC market and earned huge earnings in Saudi Arabia

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Published

2021-05-09

How to Cite

Afaf Motawkel, & Shabbir Ahmad. (2021). WHY PRIVATE FIRMS GO PUBLIC IN SAUDI ARABIA: CASE STUDY OF ALMARAI COMPANY. PalArch’s Journal of Archaeology of Egypt / Egyptology, 18(13), 706-714. Retrieved from https://archives.palarch.nl/index.php/jae/article/view/8217