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Planet Finance: Stocks are down + oil is up as Ukraine crisis spurs volatility
Stocks plunge, oil prices rally over Ukraine invasion concerns: Stocks ended last week in the red, while oil prices soared…
Mystery Egyptian investor looks to acquire Nesma Airlines
An “Egyptian investor” is looking to acquire 100% of Saudi airline Nesma within weeks, CEO Ashraf Lamloum told Enterprise, confirming…
THIS MORNING: Macro’s retail offering 6.5x oversubscribed + the AFCON final, finally
Good morning, wonderful people, and welcome to another big news day. Setting the tone this morning: The Central Bank of…
A big addition to Saudi’s listing pipeline + Dubai looks to mollify business over corporate tax
Another blockbuster Saudi IPO? The kingdom’s largest retail pharmacy chain, AlNahdi Medical, hopes to raise USD 1.3 bn in its…
It’s a bad time for IPOs everywhere but KSA + Energy firms can’t stop drilling
Not a good time for IPOs? The prospect of interest rate hikes, slowing economic growth and geopolitical tensions have rattled…
Abu Dhabi issues SPAC regs as it eyes Gulf’s first blank-check listing
The ADX is one step closer to welcoming the GCC’s first SPAC: The UAE’s securities regulator has approved the Gulf’s…
Global FDI surges 77% in 2021; above pre-pandemic levels
Global FDI rebounds in 2021: Global foreign direct investment eclipsed pre-pandemic levels in 2021, rising 77% to USD 1.65 tn…
Have you been relying on video games to power you through the pandemic? So have mns of others in MENA
Have you been relying on video games to power you through the pandemic? So have mns of others in MENA.…
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