Markets

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

Crude oil climbs amid improving demand outlook in China

Also buoyed by US seeking to replenish strategic petroleum reserve

Fed raises interest rates half a point, a 15-year high

Powell: It's important to continue the fight against inflation

Saudi to continue to experience IPO boom next year

Dubai and Abu Dhabi have also seen an IPO boom