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ADES on course to raise USD 1.2 bn in Saudi IPO
The company is expected to price its shares at the top of the range
ADES eyes USD 1.2 bn from Saudi IPO
The IPO is expected to be Saudi Arabia’s largest offering this year
ADES International to IPO in Riyadh in September
Bookbuilding kicks off on 10 September
Rate hikes fuel profit surge among big US banks
PLUS: Oil market shows signs of tightening as Brent price passes USD 80
Bulls are still holding out hope for an EM rally
EM equities are lagging behind their developed counterparts so far this year
JPMorgan expects an IMF review in June but warns on medium-term debt outlook
JPM says the most likely scenario is that we reach a staff-level agreement on the pending review, unlocking fresh cash
Expect central banks to stay hawkish deep into 2023 amid stubborn inflation
Central banks won’t be taking their feet off the gas anytime soon: Despite hopes in some quarters that central banks…
Wall Street bankers wary of what the future holds
Wall Street bankers reiterated their warnings about the global economy at the Future Investment Initiative in Riyadh yesterday, Reuters reports.…
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