--- title: "ZAWYA-SNG: Bahrain Mumtalakat-backed Silah Gulf opens IPO; plans to raise $7.7mln" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/271056137.md" description: "Silah Gulf, backed by Bahrain Mumtalakat, has launched its IPO to raise approximately $7.7 million by offering 16.36 million shares at 0.176 dinars each. The subscription period runs until January 19, 2026, with shares expected to list on the Bahrain Bourse on February 3, 2026. The IPO aims to fund technology investments and operational enhancements. CEO Feras Ahmed highlighted this as a significant growth milestone, while SICO's Ayman Gadallah emphasized the investment opportunity and the strength of Bahrain's capital market." datetime: "2025-12-30T03:09:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/271056137.md) - [en](https://longbridge.com/en/news/271056137.md) - [zh-HK](https://longbridge.com/zh-HK/news/271056137.md) --- > 支持的语言: [English](https://longbridge.com/en/news/271056137.md) | [繁體中文](https://longbridge.com/zh-HK/news/271056137.md) # ZAWYA-SNG: Bahrain Mumtalakat-backed Silah Gulf opens IPO; plans to raise $7.7mln **Staff Writer** Silah Gulf, a portfolio company of Bahrain Mumtalakat Holding Company, the kingdom’s sovereign wealth fund, opened subscriptions for its initial public offering (IPO), aiming to raise about BD2.9 million ($7.7 million). Also a leading customer experience (CX) and business process outsourcing (BPO) service provider, Silah Gulf has operations across Bahrain, Saudi Arabia and Kuwait. The company is offering 16.36 million new shares, representing 30% of its issued share capital after the IPO, at an offer price of 0.176 dinars per share. The subscription period will run until January 19, 2026, Silah Gulf said in a statement. This offering is open to eligible retail and professional investors, including non-Bahraini investors. Professional investors will be allocated 70% of the shares on offer, while retail investors will receive the remaining 30%, it added. On the key move, CEO Feras Ahmed said: “As we enter the subscription phase of our IPO, this important milestone marks a significant step forward in Silah Gulf’s growth journey.” “This offering positions us to accelerate our expansion, strengthen our regional footprint, and advance our long-term strategy. We will continue to explore opportunities that enhance our capabilities and deliver value to our shareholders,” he stated. “Proceeds from the IPO will be used to invest in technology, strengthen operational capabilities and explore inorganic growth opportunities,” he added. A major player in the region, Silah was founded in 2009 and employs more than 900 staff across the Gulf region, offering services including contact centre operations, outsourcing, training, consulting and technology solutions. The company’s shares are expected to list on the Bahrain Bourse on February 3, 2026, trading under the ticker symbol ‘SILAH.’ SICO, a leading regional asset manager and investment bank, is acting as the lead manager, listing agent, price stabiliser and liquidity provider for the IPO, while Bank of Bahrain and Kuwait is serving as underwriter and receiving bank. “Silah Gulf presents an investment opportunity supported by operational fundamentals and a clear, forward-looking expansion strategy,” remarked Ayman Gadallah, the Head of Investment Banking at SICO. “Silah’s move to the public markets underscores the strength of Bahrain’s capital market infrastructure and the supportive ecosystem that enables companies to list successfully. As the Lead Manager, we remain fully committed to ensuring a smooth, transparent, and efficient IPO process for the company, its investors, and the wider market,” he added. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info). Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here. ## 相关资讯与研究 - [Omeros Turns Corner With Novo Deal, YARTEMLEA Launch](https://longbridge.com/zh-CN/news/281666535.md) - [China Rolls Out Tougher Rules for Mobile Chargers After Safety Scares](https://longbridge.com/zh-CN/news/281627593.md) - [SpaceX IPO: Will It Be a Buy or a Bust?](https://longbridge.com/zh-CN/news/281674034.md) - [How to interpret the wild swings in the jobs numbers](https://longbridge.com/zh-CN/news/281681321.md) - [Orient Securities Keeps Their Buy Rating on Geely Automobile Holdings (GELYF)](https://longbridge.com/zh-CN/news/281674321.md)