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Economy

BlackRock, Vanguard among investors in Dubai utility’s $6.1bn IPO: Bloomberg

Follow-ups -eshrag News: Author:  Wed, 2022-04-13 17:35 RIYADH: BlackRock and Vanguard Group have invested in Dubai Electricity and Water Authority’s $6.1 billion…

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Economy

Saudi Aramco’s Luberef refinery unit eyes 1bn IPO: Bloomberg

Follow-ups -eshrag News: RIYADH: Saudi stocks closed slightly higher on Monday, with gains registered by several major companies, causing investors to…

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Economy

Saudi Arabia regains position as global leader in sukuk, Islamic financing: Bloomberg

Follow-ups -eshrag News: SHUAA creates the region’s largest offshore supply vessels portfolio via Allianz Marine acquisition  RIYADH: Dubai-based SHUAA Capital…

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Economy

Lulu Group invites pitches for 2023 UAE listing: Bloomberg

Follow-ups -eshrag News: Author:  Tue, 2022-03-29 16:19 RIYADH: Supermarket chain Lulu Group International is planning an initial public offering early…

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Economy

Global IPO activity drops 70% in Q1 of 2022: Bloomberg

Follow-ups -eshrag News: Anglo-French Perenco invests $380m in Tunisia; Exxon mines bitcoin to slash emissions: NRG matters RIYADH: Looking at…

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Economy

Alpha Dhabi to invest $100m in DEWA in Dubai’s biggest listing in 15 years: Bloomberg

Follow-ups -eshrag News: Author:  Fri, 2022-03-25 14:20 RIYADH: Alpha Dhabi Holding will invest $100 million in Dubai Electricity & Water…

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Economy

PIF-owned Americana Group in early talks for potential dual listing of $1bn: Bloomberg

Follow-ups -eshrag News: RIYADH: Oil giant Aramco, national carrier SAUDIA, ACWA Power, Ma’aden, and ENOWA — a subsidiary of NEOM…

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Economy

Egypt, IMF in talks on a potential loan amid war stress on economy: Bloomberg 

Follow-ups -eshrag News: RIYADH: Gulf and UK central banks have raised interest rates in response to heightened inflation levels.  New…

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Economy

Italian IT firm Deda Group eyes $1.1bn IPO: Bloomberg

Follow-ups -eshrag News: Author:  Wed, 2022-03-16 17:42 RIYADH: Italy-based technology company Deda group is considering an initial public offering, estimated…

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Economy

Muvi Cinemas plans an IPO to become Saudi Arabia’s first movie chain to list: Bloomberg

Follow-ups -eshrag News: International Women’s Day: Women’s economic inclusion holds promise of a prosperous Arab region DUBAI: In a region…

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