Abyat Kuwait eyes IPO in Saudi Arabia between 2027-2028

Logo of Kuwait-based Abyat

Mohammed Abul, CEO of Kuwait-based Abyat, stated that the company aims to go public in the Saudi market between 2027 and 2028 to finance its global transition.
 

In an interview on Sawalif Business, he explained that Abyat seeks to expand its nationally-built business model to international markets.

 

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He added that the company has strong cash flow and does not require additional investment. The IPO aims to facilitate the company’s global reach.
 

Founded in 2005, Abyat is a Kuwait-based company specializing in furniture and home essentials. It first launched in Kuwait before expanding into Saudi Arabia.

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