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Aramco ups its dividend despite falling oil earnings
The Saudi oil firm will pay out nearly USD 30 bn in dividends
Bulls are still holding out hope for an EM rally
EM equities are lagging behind their developed counterparts so far this year
THIS EVENING: Russian + US companies eye developing small nuclear reactors for energy production in Egypt
Good afternoon, friends, and happy almost-THURSDAY. The weekend is within arm’s reach and we’re just about halfway through Ramadan, and…
THIS EVENING: PMI inches down again in March as EGP + inflation weigh on private-sector activity
Good afternoon, ladies and gents, and happy hump day. We’re looking at a Goldilocks news day so far — not…
Al Ansari raises USD 210 mn in Dubai IPO
The sale was 22x oversubscribed
Federal Reserve hikes interest rates by 25 bps amid banking turmoil
Sell-off in European banking shares continues after the meeting
THIS EVENING: El Nasr Housing + Maadi for Development looking at capital increases to raise investments + UBS offers Credit Suisse USD 1 bn all-share acquisition
Happy Sunday, friends, and welcome to another privatization-driven news day here in Omm El Donia as we kick off this…
THIS EVENING: State privatization program will likely lead with oil companies + Credit Suisse gets a lifeline
Happy THURSDAY, friends. We’re finally winding down a hectic week as we slide into our last weekend before Ramadan rolls…
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