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Markets
Company will list its ordinary shares for trading on DFM
Bayanat is first company to list under the tech sector on ADX
The Federal Reserve's future policy has weighed heavily on the markets
And an oversubscription by 5.0x
Investors concerned major economies will stagnate before inflation is curbed
Company became one of the world's largest district cooling service provider
Egypt's central bank is redesigning its currency trading system
Driven by new listings, increased investors, and trading uptick
Price guidance set at 105 basis points over Treasuries for the Sukuk
"The pace of the Egyptian pound's decline has already begun"
Will Netflix's results today rescue tech stocks from a recession?
In tandem with the rise in global oil prices
Fed expects to raise interest rates by another 125 basis points this year
Giving it a market value of more than AED 12.44 bn
Firm held initial meetings with investors to raise interest
Stock futures include Borouge, AD Ports
Bank lately acquired 97% of Bahrain's Ahli United Bank shares
US dollar achieved its best weekly and monthly performance since April
B.TECH expects to increase its sales to EGP15 bn in 2023
Process will take between one and two years
Offering will correspond to a 29.24% of the company's shares on Tadawul
