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Markets
Markets
Salik raises over $1 bn from IPO
Offering more than 49 times oversubscribed
Markets
Salik’s IPO: Individual subscription period set to close today
The qualified investor subscription period will expire tomorrow
Markets
Global Financial Markets in Brief September 13
Short-term bond yields continue to rise with anticipation of the Fed's decision
Markets
UAE’s Finance Minister celebrates listing of 5-year tranche T-Bonds
By ringing Nasdaq Dubai's bell
Markets
UAE’s Tabreed is latest listed firm to allow 100% foreign ownership
Company amended Articles of Association to remove ownership cap
Markets
Dubai’s Salik IPO kicks off, aims to raise $800 mn
After the offering, Dubai government will retain 80% of the company
Markets
Euro climbs to three-week high
On Ukraine gains, rate hike forecasts
Markets
Japanese Yen hits new lows against US dollar
Reaching a level last seen in August 1998
Markets
UAE stocks record AED 10 bn of gains
Gains were notable in the realty, banking, and telecom sectors
Markets
Central banks’ appetite for gold remained robust in July
The Qatar Central Bank was the largest buyer
Markets
Global Financial Markets in Brief Week August 28
Labor market data indicators raised expectations with a hardline FED approach
Markets
Euro hits 20-year low against dollar
It fell 0.70 percent to $0.9884
Markets
Saudi’s Tadawul tops Arab region with $3.17 tln market value: AMF
Value of Arab stock exchanges rise to $4.49 tln
Bahrain
Net profits of Bahrain bourse listed companies surge to $943 mln
Basic materials sector recorded highest growth rate in total profits
Markets
Record Euro area inflation of 9.1% and worsening pressure on ECB
Goldman Sachs expects 75 basis points rise in interest rates
Markets
Dubai Diamond Exchange trading rises to $20 bln in H1
DDE has traded 90 billion carats of polished diamonds since 2012
Markets
Dubai school operator Taaleem Holdings pushes ahead with IPO plans
Taaleem picked EFG-Hermes, Emirates NBD Bank to lead IPO
Markets
Tech companies weighing down Chinese stocks
Japanese stocks recouping losses
Markets
Global Financial Markets in Brief Week August 22
In just 8 minutes, Powell caused a market downturn that wiped out about $78 billion
Markets
Female investors break stereotypes and strengthen presence in UAE
18% increase in share of Emirati female investors among Saxo Bank clients
Markets
Powell warns of ‘some pain’ ahead as Fed struggles to bring down inflation
“We will use our tools aggressively to attack inflation”
Markets
Euro drops below 2002 low
Reaching $0.9909
Markets
Global macro-economics dominating this week’s commodity trading
There is an increased risk that the world economy will slow down
Markets
Global Financial Markets in Brief Week August 15
A volatile week on Wall Street with widespread drop in stocks at week’s end
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