The world’s biggest ever flotation is expected to be postponed until 2019, according to reports.
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The world’s biggest ever flotation is expected to be postponed until 2019, according to reports.
The Saudi Arabian General Investment Authority (SAGIA) has awarded investment licences to 10 UK companies which will enable them to set up operations in the kingdom.
The Egyptian government is considering establishing a sovereign wealth fund to manage state companies that are due to float on the national stock exchange.
Saudi Arabia’s Public Investment Fund has reportedly invested $461 million in a controversial artificial reality start-up.
Dubai’s financial hub, the Dubai International Finance Centre (DIFC), has reported a 25% increase in net profit for 2017, from $79 million to $99 million.
Rating agency Moody’s has outlined the reasons behind a recent upgrade to Morocco’s credit profile by pointing to value-added exports and fiscal improvements.
More than 400 delegates gathered in Bahrain to attend a financial technology forum hosted by Bahrain-based Bank ABC and Arab Financial Services and sponsored by the Central Bank of Bahrain.
The UAE’s largest bank, First Abu Dhabi Bank (FAB), has issued a $650 million, five-year sukuk. The final price was registered as 95 basis points above midswaps, stated the bank.
Dubai-based private equity firm Abraaj Group has appointed two new chief executives for its fund management business Abraaj Investment Management (AIM) as part of a management reshuffle.
Abu Dhabi-based brokerage Securities & Investment Company (Sico) UAE has become a member of Nasdaq Dubai’s equity derivatives market.
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