Billionaire Olayans, Tech Firms Look to Ignite Saudi IPO Revival

A raft of companies across sectors are pressing on with plans to list in Saudi Arabia, bolstered by gains in the benchmark since the regional war began.

Firms including a bottling company ultimately controlled by the billionaire Olayan family and telecommunications provider Etihad Salam Telecom Co. are seeking additional banks to help arrange a potential listing, people familiar with the matter said, declining to be identified as the details are private.