Saudi Arabia is in the lead…Gulf markets are awaiting 73 public offerings during 2026
The GCC region is preparing for another active year in the IPO market during 2026, with a strong group of companies in various stages of preparation, according to a report issued by Kuwait Projects Asset Management Company (KAMCO).
The report pointed out that there are about 73 IPOs in preparation in the GCC countries, while Saudi Arabia is expected to lead again in terms of size Initial public offerings in 2026, as the CEO of Saudi Tadawul indicated, last December, that 40 companies had already submitted applications for listing. This number rises to approximately 100 companies (in and parallel) when adding companies that are currently looking for financial advisors.
Among the most prominent candidates for an IPO in Saudi Arabia during the current year are: "Saudi Information Technology Company"powered by Public Investment Fund.
The company is expected to return "Proficiency in systems"also operating in the technology sector, submitted an IPO application after the expiration of the previous listing period, which lasted 6 months.
The latest announcements include IPO proposals for companies "Al Khareef Petroleum" (in which the Public Investment Fund owns a stake), and"Sudair Pharmaceuticals"and"Al Diyar Al Arabiya Real Estate"and"Lean Technologies".
It is also expected that many small companies operating in specialized sectors such as car rental, food and beverage, and restaurant chains, will seek to list their shares, especially in the parallel market (Nomu).
The GCC region witnessed 40 initial public offerings in 2025, raising total revenues amounting to 5.1 billion US dollars, according to data from the Kuwait Financial Center (Markaz).
Saudi Arabia topped the countries in the region in terms of As for the proceeds of the initial public offering, the total amount of offerings reached $4.1 billion, representing 79% of the total proceeds of the initial public offering in the Gulf Cooperation Council countries during the year.
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