Business
Home / Business
IPO watch
Bosta reportedly looking to list 20-30% of its equity capital on EGX
The speculation comes hot on the heels of the logistics firm launching a new USD…
CGS ekes out 0.8% gain on first day of Tadawul trading
PLUS: CGS secures two contracts worth SAR 195.5 mn from Aramco and Almarai
CGS wraps up Tadawul IPO with retail portion undersubscribed
Final allocations are due tomorrow
KDL seeks SAR 16.1 mn in Nomu IPO
The final offer price implies a market cap of SAR 80.5 mn at listing
M&A watch
TODAY: What will it take for Gulf oil to flow freely?
What we’re tracking this morning regionally and around the world
Oman takes full control of SalamAir as it moves to stabilize Oman Air
The transaction was made via Asyad, Oman Investment Authority’s logistics unit, for an undisclosed sum
TODAY: Gulf shipping disruptions spill into developed markets
What we’re tracking this morning regionally and around the world
Aramex is now a 100% owner of Ireland’s Hawthorne Logistics Solutions
Plus: AviLease had a solid year
Earnings watch
GulfNav posts a mixed bag of FY 2025 results
The company posted higher revenue, but net income fell on expansion costs.
Aramco earnings take a hit from softer prices and rising costs
A mixed bag of earnings for the Saudi giant
Hormuz standoff persists, while Red Sea earnings spike
The earnings gap between idling and active vessels has widened significantly as Red Sea…
DP World lands five-year logistics contract in Brazil
Plus: flydubai reported a good year in 2025
Diplomacy
UAE + Azerbaijan’s comprehensive economic partnership agreement is live
Stories on our radar this morning from around the region
TODAY: Sohar lands USD 550 mn petrochem plant
What we’re tracking this morning regionally and around the world
India, UAE advance energy trade ties + explore data centers and logistics investments
Adnoc led the dealmaking, closing a long-term LNG sales agreement to provide the state-owned…
TODAY: Sisco Holding is now a majority shareholder in PSS
What we’re tracking this morning regionally and around the world