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Gulf IPO market on course for record first half
No IPO winter in the GCC, thanks to rising oil prices: Gulf IPOs are on course for a record first…
Support talks with IMF reach technical stage as lender pinpoints key reforms + The Fund expects uneven recovery in the Middle East
Talks between Egypt and the IMF on a fresh support package have reached the “technical stage,” Jihad Azour, the multilateral…
Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda
Qatar’s Baladna acquires 5% stake in Juhayna: Qatari dairy firm Baladna has acquired a 5% stake (47.1 mn shares) in…
Saudi electronics retailer eXtra eyes EGP 1 bn expansion to Egypt
Saudi electronics retailer Extra plans to spend EGP 1 bn to launch in Egypt, marking the company’s first expansion outside…
GCC is one big, happy family again
GCC puts up a united front after bringing Qatar in from the cold: Gulf Arab leaders cametogether yesterday for their…
TONIGHT: FRA expands proposed caps on margin trading + the EBRD is more optimistic about our growth. Plus: Egypt signed a coal phase-out agreement at COP26
…and just like that, the first week of November is over. We hope the week has been kind to you…
UAE market regulator gets female chief executive + ACWA Power shares make Tadawul debut this morning
UAE gets first woman market regulator: Maryam Butti Al Suwaidi was appointed chief executive of the UAE’s market regulator —…
Flat6Labs hits first close on USD 20 mn Jordan fund + Egypt’s Odiggo expands to Dubai
Cairo-headquartered startup accelerator Flat6Labs has reached a USD 7.4 mn first close on a USD 20 mn seed fund targeting…
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