Markets

Saudi Aramco’s refining unit to raise $1.32 bn via IPO

The IPO on Saudi bourse Tadawul will be 50.045 mn shares

Central Banks’ week: Has an easing policy begun?

Headline inflation report ahead of Fed meeting

Empower’s logo debuts on NASDAQ screens at New York’s Times Square

The listing of Empower is the fourth IPO on DFM since the beginning of this year

EFG Hermes advises on the $204 mn IPO of Dubai’s Taaleem

The first private sector IPO on the DFM since 2014

Federal minutes: A vast majority agrees to slow interest rate hikes “soon”

Wall Street is closing higher. The dollar continues to decline

ADX ETF market surpasses 1.4 billion in traded value

The ETF market was supported by 11,400 trades

UAE’s Empower shares rise 9% in trading debut

The company's market value will reach AED 13.3 bn

Americana’s retail offering doubled due to strong demand

The offering is set to raise as much as $1.8 bn 

Global Financial Markets in Brief Week November 7

US inflation report dominates the markets, instills hope

Listing fees reduce Salik’s profits by 27%

Company's Q3 revenue surged by 9% to AED 445 mn

UAE’s Taaleem IPO begins subscription at AED 2.95-3 per share

IPO proceeds will be used to fund the development of 4 new premium schools

ADX derivatives market celebrates 1 billion dirhams in trades

ADX’s derivatives market is region’s most liquid

Dubai’s Empower raises retail offering in its IPO

Following the strong demand from retail investors

Global Financial Markets in Brief Week November 1

Investors expect interest rates to rise above 5% next year

Surpluses reduce Gulf state issuances to $40 bn in 2022

"IIF: UAE is largest recipient of FDI in region

Central banks add $20 bn worth of gold in Q3

Turkey remained the largest reported gold buyer in 2022