Saudi FII conference organizer eyes IPO: Report

08/07/2025 Argaam
Logo ofRichard Attias Associates

Logo of Richard Attias & Associates

Richard Attias & Associates, the organizer of Saudi Arabia’s Future Investment Initiative (FII) summit, is readying plans for a potential initial public offering (IPO).

 

The events and advisory firm is working with banks, including Evercore Inc., to prepare for a possible listing, Founder and Chairman Richard Attias told Bloomberg.

 

An IPO could come as soon as next year, he said.

 

For More IPOs

 

Attias also said that Sanabil, the investment arm of the Public Investment Fund (PIF), owns about 75% of Richard Attias & Associates. The remaining stake is held by Attias.

 

Bloomberg also reported that Attias was considering a direct sale of his equity, citing well-informed sources, adding that no final decisions were taken so far.

 

Evercore and Sanabil representatives declined to comment.

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