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Saudi Arabia racks up five of six of the region’s IPOs in 3Q
All together, IPOs in Saudi Arabia raised USD 330 mn in 3Q 2023
ADES to IPO in Riyadh next quarter?
The company reportedly aims to raise USD 1.2 bn from the offering
Is Egypt brewing up a fresh export subsidy program?
The state is also looking into adding new sectors to the subsidy program
Aramco’s Luberef to make its Tadawul debut in transaction worth as much as USD 1 bn
Saudi Aramco subsidiary Luberef plans to go public by selling a c.30% stake on the Tadawul, according to the company’s…
The Gulf IPO boom is showing no signs of slowing
The Abu Dhabi stock exchange has three more IPOs in the pipeline this year and another 11 lined up for…
US retail earnings were better than expected in 2Q
Better-than-expected retail earnings in the US yesterday kept the stock rally going even as tech stocks faced selling pressure on…
Forever-inflation would be worse than recession, says central banks’ bank + Value stocks are outperforming equities — but both are down YTD
What’s worse than a recession? Entrenched inflation, influential banking body warns: The Bank for International Settlements — which performs banking…
USD 1 bn IPO in the works for Aramco subsidiary + the UK wants in on NFTs
Yet another Gulf IPO? Saudi Aramco subsidiary Luberef is looking to make its Tadawul debut in an IPO that could…
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