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Global stocks to recover in 2023? + Crypto exchanges suffer record outflows following FTX fiasco
Money managers see a recovery for global stocks next year after a harsh 2022: Some 71% of respondents in a…
Taqa is now Masdar’s biggest shareholder
Mubadala sells majority stake in Masdar to Taqa + Adnoc: The UAE’s national oil company Adnoc and state energy firm…
EGX greenlights listing of state-owned ports company ahead of IPO
State-owned maritime transport company to list on the EGX on Wednesday: The EGX’s listing committee has signed off on the…
One sleep until the Enterprise ClimateX Forum
Good afternoon, wonderful people. It’s shaping up to be a brisk news day, giving us plenty to sink our teeth…
Aramco’s base oils subsidiary could raise up to USD 1.3 bn in its IPO in Riyadh
Aramco subsidiary could raise as much as USD 1.3 bn in its IPO: Saudi Aramco refining subsidiary Luberef commenced bookbuilding…
The US IPO market has really not had a good 2022
IPO proceeds at the New York Stock Exchange fell 93% this year as public offerings dwindle due to inflationary headwinds…
Taaleem shares drop on DFM debut + HSBC is getting out of Canada
Rough start to Taaleem’s Dubai debut: UAE school operator Taaleem Holding’s shares closed down 15% yesterday to AED 2.55 on…
Citi bullish on Gulf IPOs in 2023
Citigroup has echoed Goldman Sachs’ optimism for the Gulf IPO market, predicting that the 2022 boom will continue into next…
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