Markets

GCC markets closed mixed

Saudi advanced the most supported by strong economic data

Presight AI seeks $495 million from IPO

The company announces start of subscription period

Hillary Clinton remarks on Abu Dhabi’s growing ‘Falcon Economy’

Touching on UAE’s immense overall economic progress and achievements

Almost all GCC markets returned to positive performance

Potetnial Chinese economic recovery could continue to buoy regional markets

Presight AI plans listing on ADX via IPO

The offer period is scheduled to commence on 13 March 2023

Dollar continues to drive the Lebanese pound to the ground

Lebanon’s financial system is over, Lebanese Minister says

GCC stock markets closed mixed Sunday

But a 10% surge in Qatar Insurance lifted the Qatari index

GCC earnings calls show signs of continued sentiment decline

Insights into GCC Sentiment Trends during 4Q2 2022 Earnings Cycle

Saudi’s PIF receives over USD12 bn in green bond orders

Bonds comprise 3 tranches with tenors of 7, 12, and 30 years

MSX listed securities now available for digital trading

Following the bourse's joining to the Tabadul platform

GCC markets end week with mixed results on earnings

Fed meeting outcomes will play an important part in guiding markets

Central Banks’ week

Fed expected to raise interest rates by 25 basis points

Listing of 11 UAE firms expected to raise USD2.18 bn in 2023

Including 4 free-zone entities, two special-purpose acquisition firms

US tech stocks most traded in UAE

With Meta leading the pack in GCC

Powell: Federal reserve may have to make unpopular decisions

He stressed the need for the Central Bank to be free from political influence

Olam seeks IPO listing in Singapore, Saudi

First non-GCC-incorporated business to list in Kingdom

Gulf exchanges announce unified ESG metrics for GCC-listed firms

The unified metrics will be referred to as the GCC ESG Disclosure Metrics