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Markets
Listing is scheduled for the 18th of this month
Stock markets gain for first time in a month, oil prices fall below $110
Offer marks highest oversubscription multiple for listings on the DFM
Investment Authority exits from 30 companies to secure $6.5 bn
Mumtalakat has $18 billion in assets under management
It seeks to open new markets and support 10 thousand companies
Al Ahli lodged a complaint with the Capital Market Authority
The worst week for global stocks since the markets collapsed with the outbreak of Corona in March 2020
Alamar to raise about 1.2 billion riyals by offering some shares on Tadawul
Eligibility includes any natural or legal person, whether a UAE citizen or not
As per the law, Dubai’s government owns all of the company's shares
Subscription for 625 million shares began today on DFM
Saudi made a smaller increase after slight inflation slowdown
It’s in response to high inflation, volatile financial markets
US inflation figures fluctuate market expectations... and cryptocurrencies crashing
Joining marks major recognition of Borouge
Blame the release of the recent US inflation report
This is part of DFM’s strategy to diversify investment opportunities
Barclays is talking about 75 basis points
The 28th meeting held in Abu Dhabi
Listing may take place as early as September
Shares are expected to start trading on July 5
