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Optimism grows that the US may avoid a recession
Economists now put the likelihood of a recession at 48%
Oman’s state energy company offering marks country’s largest ever IPO
The OQ SAOC IPO raised USD 749 mn
ADES shares soar 30% in market debut, bucking regional market trends
The USD 1.2 bn IPO saw 30% of the company sold to investors
China’s largest property developer is once again staring at default
Country Garden has warned that it will likely miss payments on some of its offshore payment obligations
Fears of Israel-Hamas war escalation plunge Gulf markets
Saudi’s benchmark index had its steepest decline in 10 months on Sunday
OPEC+ maintains oil supply curbs. Oil prices plunge anyway.
The oil market experienced its worst day of trading in over a year following the decision due concerns that slumping…
FRA eases rules on share buybacks
The amendments aim to facilitate the process of buying and selling of treasury shares for EGX-listed companies
UAE non-oil business activity rises in September
UAE PMI rebounds: The UAE’s non-oil private sector activity accelerated in September on the back of surging demand and a…
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