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The US IPO market heads towards one of its worst years ever + EFG gets UAE IPO mandate
2021 was a record year for IPOs in the US. 2022 could turn out to be the worst: The US…
Debt-distressed emerging markets aren’t going to be issuing a lot of bonds next month
It’s going to be a quieter September than normal for debt-distressed EMs: Analysts expect junk-rated emerging markets to continue to…
The Gulf is going to be 12 figures better off by 2026
The red-hot oil market is set to pour an extra USD 1.3 tn into the coffers of Gulf sovereign wealth…
One of SODIC’s new owners just got a major new shareholder
Giant UAE firm wants to go long on EMs: Emirati firm International Holdings Co. (IHC) plans to invest bns of…
US retail earnings were better than expected in 2Q
Better-than-expected retail earnings in the US yesterday kept the stock rally going even as tech stocks faced selling pressure on…
Institutional investors aren’t giving up on crypto
Institutional investors are making a comeback in the crypto world: BlackRock, the world’s biggest asset manager, has in recent days…
Enough earnings for you?
Yesterday was an earnings extravaganza, ladies and gentlemen. Among those reporting were (in alphabetical order): Contact Financial Holding’s net income…
e-Finance to provide financial services to the Saudi wealth fund’s Egypt arm
e-Finance is working with the PIF: e-Finance will provide financial and digital services to the Saudi sovereign wealth fund’s new…
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