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Markets
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Markets
Markets
ADX posts 16.9% gains on FADX 15
Driven by new listings, increased investors, and trading uptick
Markets
Saudi raises $5 bn in first bond sales in nearly a year
Price guidance set at 105 basis points over Treasuries for the Sukuk
Egypt
Egypt’s pound expected to fall 14% following IMF agreement
"The pace of the Egyptian pound's decline has already begun"
Markets
Bank earnings revive Wall Street and watchful eyes on tech companies’ results
Will Netflix's results today rescue tech stocks from a recession?
Markets
UAE supermarket chain Lulu hires Moelis for IPO
Supermarket chain plans to list next year
Markets
Market value of Arab stock markets increases to $4.27 tn: AMF
In tandem with the rise in global oil prices
Markets
Global Financial Markets in Brief Week October 4
Fed expects to raise interest rates by another 125 basis points this year
Markets
Shares of UAE’s Burjeel Holdings surge by 20% on ADX debut
Giving it a market value of more than AED 12.44 bn
Markets
Empower set to launch a $700 mn Dubai IPO in November
Firm held initial meetings with investors to raise interest
Markets
ADX adds five single stock futures to its derivatives market
Stock futures include Borouge, AD Ports
Kuwait
Kuwait Finance House lists shares on Bahrain Bourse, begins trading tomorrow
Bank lately acquired 97% of Bahrain's Ahli United Bank shares
Markets
UAE’s Burjeel raises AED 1.1 mn from IPO
Oversubscribed offering totaled $8.7 bn
Markets
Global Financial Markets in Brief September 28
US dollar achieved its best weekly and monthly performance since April
Markets
PIF-owned SEIC acquires 34% stake in Egypt’s B.TECH for $150 mn
B.TECH expects to increase its sales to EGP15 bn in 2023
Kuwait
Kuwait’s GIH announces plans to list three companies on ADX, Tadawul
Process will take between one and two years
Markets
Saudi’s Marafiq gears up for $1.2 bn IPO
Offering will correspond to a 29.24% of the company's shares on Tadawul
Markets
Gulf Investment House makes market debut on ADX
has a market capitalization of AED 1.96 billion
Markets
Dubai’s Salik shares surge 20% on market debut
Company raised $1 bn in IPO
Egypt
Egypt’s pound plummets to record low against dollar
CBE decided lately to keep key interest rates unchanged
Markets
New UK coins, banknotes with King Charles III portrait to enter circulation soon
By mid 2024
Markets
Bitcoin surpasses $20K for the first time in a week
Ether rose 4 percent to a one-week high of $1,389
Egypt
Egypt seeks $6 bn from sale of state firms by June 2023
First tranche of the offerings to be announced within four weeks
Markets
Global Financial Markets in Brief Week September 19
Investors worried about interest and inflation are affected by growing fears of a recession
Markets
Burjeel decides to offer 11% of its shares in Abu Dhabi market
The first privately owned company to go public in the UAE
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