Markets

PIF-backed Americana plans $1 bn IPO

The company added Morgan Stanley to IPO

Tomorrow’s ECB meeting prepares for a “slow and steady” rate increase

Banks are charged a negative 0.5% fee on their central bank deposits

Egypt’s central bank expands gold holdings in 2022

The amount of gold in the Egypt's Central Bank increased by 54%

Nasdaq Dubai lists Indonesian Sukuk tranches valued at $3.25bn

New listing increases the value of Sukuk listed by Indonesia to $22bn

The shares of “Ali Al-Ghanim” company began trading on KSE

The first Gulf family car company to be publicly traded

DeFi-driven speculation pushes DEXs’ transaction volumes past those on CEXs

15 months ago, DEXs first eclipsed CEXs in on-chain transaction volumes

Global Financial Markets in Brief week of June 1

US Treasury yields at their highest level in 2 weeks following jobs’ data

ADX in London to attract foreign investment

ADX and 9 listed companies to meet with major investment institutions

FTSE Global Equity Index Series welcomes Abu Dhabi’s Multiply Group

The inclusion comes into effect on Monday 20 June 2022

Borouge shares list, trade today on ADX

IPO raised $2 bn, ADX's biggest

Oil drives Middle East IPOs to achieve best semi-annual performance ever

IPOs fetched $11.4 billion in the first 5 months of 2022

9 DFM-listed companies to be part of London investor roadshow

DFM international roadshow to attract more investments

M&As very active in Kuwait… “KIPCO” plans a move

The company, on Thursday, is looking into merging with "Al-Qurain"

Abu Dhabi’s first SPAC lists after raising $100 million

ADC aims to acquire businesses in the UAE or broader MENA region

Peninsula poised to drop London IPO plan in favor of UAE Listing

Emirates NBD, FAB, and Morgan Stanley to manage the listing

Egypt will soon launch the sale of state-owned companies

A draft "state financial policy document" is submitted to the Cabinet 

Ukraine conflict supports gold prices despite rising bond yields

This contrasts with the strong relationship between gold, real yields