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Markets
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
Egypt
Why are gold prices soaring in Egypt?
Speculation is very high
Markets
Central Banks’ week: Has an easing policy begun?
Headline inflation report ahead of Fed meeting
Markets
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
Markets
ADX wins two World Business Outlook awards
For outstanding performance
Markets
Bin Touq: UAE co-op listings will create an innovative economic model
Based on flexibility and sustainability
Markets
Powell: Fed preparing to slow pace of interest rate hike in December
Markets welcome move
Egypt
EFG Hermes advises on the $204 mn IPO of Dubai’s Taaleem
The first private sector IPO on the DFM since 2014
Markets
Americana draws orders worth $105 bn for its IPO
Exceeding target by 58 times
Markets
Abu Dhabi’s ADX launches rebranded ETF platform
Amid the listing of its eighth ETF
Markets
Federal minutes: A vast majority agrees to slow interest rate hikes “soon”
Wall Street is closing higher. The dollar continues to decline
Markets
ADX ETF market surpasses 1.4 billion in traded value
The ETF market was supported by 11,400 trades
Markets
UAE’s Empower shares rise 9% in trading debut
The company's market value will reach AED 13.3 bn
Markets
Americana’s retail offering doubled due to strong demand
The offering is set to raise as much as $1.8 bn
Markets
Global Financial Markets in Brief Week November 7
US inflation report dominates the markets, instills hope
Markets
Saudi PIF plans to sell 10% of its stake in Tadawul
Or 12 million shares
Markets
Listing fees reduce Salik’s profits by 27%
Company's Q3 revenue surged by 9% to AED 445 mn
Markets
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
Markets
ADX derivatives market celebrates 1 billion dirhams in trades
ADX’s derivatives market is region’s most liquid
Markets
Dubai’s Empower raises retail offering in its IPO
Following the strong demand from retail investors
Markets
Global Financial Markets in Brief Week November 1
Investors expect interest rates to rise above 5% next year
Markets
Surpluses reduce Gulf state issuances to $40 bn in 2022
"IIF: UAE is largest recipient of FDI in region
Markets
Americana sets for $2.52 bn UAE, Saudi IPO
By selling 30% of its shares
Markets
Central banks add $20 bn worth of gold in Q3
Turkey remained the largest reported gold buyer in 2022
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