HSBC could be catapulted to the top of a league table of bookrunners for Middle East flotations next week following the expected $1.2bn (â¬815m) listing of Saudi Arabian oil company Petro Rabigh, set to become the Kingdom's largest equity offering.
Dubai-based bank Shuua Capital was the top-ranked bookrunner in Gulf Cooperation Council markets last year with its share of deals valued at $2.5bn, according to investment banking data provider Dealogic.
