Markets

GCC equity markets defy global sell-off, closing on a high note

Ahead of 2Q 2023 earnings season kick-off on 10 July

GCC markets eye global rally, set sights on H1 2023 earnings season kick-off

Investors eagerly anticipate release of Fed meeting minutes

Muscat Stock Exchange to receive $260 mn support from Oman’s Investment Authority

Oman, Switzerland join forces to drive economic diversification, sustainability

First Mills successfully lists on Saudi’s Tadawul following IPO

$888 mn market capitalization achieved by company after listing

Gold rebounds as US jobless claims surge, dollar weakens

Prices marked gold’s best single-day performance in over a month

ADGM Academy Research Centre launches its Advisory Board

Supports National Vision for Abu Dhabi as a Leading Research Hub in MENA

Dubai Financial Market launches futures contract on the General Index

Provides investors with unique investment and hedging opportunities

Fitch puts US rating under negative scrutiny

Said it "expects" a correct decision by Washington in due course

Turkish currency on edge as presidential election looms

New regulations aimed at limiting lending by banks, restricting cash withdrawals

GCC markets mixed, US debt ceiling in focus: Report

Dow Jones (+0.4%), S&P 500 (+1.6%), swung back to gains

Saudi’s First Milling to offer 16.6 million shares in IPO

Company achieved steady sales growth in 2021 and 2022

Saudi considers second Aramco IPO, could raise over $20 bn

Offering expected to be the world's largest in recent years

Most GCC markets concluded on a positive note: Report

GCC region sees net inflows of $507.9 mn