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Al Tawfeek Leasing to IPO 24% of the company
IPO WATCH- Al Tawfeek Leasing Co. (AT Lease) announced that it plans to IPO 24% of the company (19.2 mn…
Speed Round
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Zohr gas field goes live
More good news this morning: The Zohr gas field goes live, bringing us one-step closer to energy self-sufficiency and becoming…
At long last, Russian flights will be back in February
At long last, Russian flights will be back in February: Egypt and Russia signed a civil aviation security cooperation protocol…
Saudi Aramco invites banks to bid for leading bookrunner on Aramco IPO
Saudi Aramco has invited banks to bid to become coordinators and bookrunners on its IPO, people familiar with the matter…
World Bank will no longer finance oil and gas investments
The World Bank will not offer fund oil and gas investments after 2019, and will instead allocate 28% of its…
US hikes interest rates by a quarter point
The US Federal Reserve decided yesterday to hike short-term interest rates for the third time in 2017, raising them by…
Taxing online ads sold by Facebook, Google?
Taxing online ads sold by Facebook, Google? Rep. Mostafa Bakry is planning to draft legislation that would compel social media…
House Economics Committee tweaks regulation of sole proprietorships
LEGISLATION WATCH- The House Economics Committee has apparently signed off on amendments to the Companies Act that will change how…
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