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Boomtime over? Tecom shares fall in Dubai debut
Another sign that the Gulf IPO boom may have peaked: Dubai business park operator Tecom Group dropped as much as…
Hedgies ? Dubai
Dubai is emerging as a favorite spot for hedge funds, Bloombergreports. A handful of well-known fund managers are either expanding…
Ghazl El Mahalla IPO could be extended
Subscription to the retail offering in Ghazl El Mahalla’s IPO has been extended until 13 August due to weak investor…
Privatization program unpacked
Madbouly gets his ministers together for a status update on privatization plans — and they’ve been busy bees: Prime Minister…
Things could get rougher in the global energy markets next year
So much for demand destruction: The global energy crunch isn’t ending anytime soon if the International Energy Agency’s (IEA) latest…
Oil prices could go down in 2023, says Opec
OPEC expects oil demand growth to fall to 2 mn barrels per day (bpd) or less in 2023, compared to…
Time to call time on SPACs?
SPACs are dead. Interest rates and regulators killed them: It’s looking increasingly like the SPAC boom fueled by the pandemic’s…
THIS MORNING: The heatwave’s gonna break + a big week for our energy ambitions
Good morning, ladies and gentlemen, and get ready for what should be an interesting week ahead. We hope you spent…
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