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Emirates Strategic Investments issues USD 700 mn sukuk
The issuance was 2.5x oversubscribed, leading the bank to trim the yield
Chinese stocks rally after hitting five-year lows
Chinese stocks rally following reports of Xi meeting with regulators: After a turbulent few months that pushed China’s main indices…
OECD sees the global economy growing at a 2.9% clip this year
A more optimistic global growth outlook: OECD has revised upwards its 2024 world growth forecast to 2.9% from November’s 2.7%…
China’s fresh promises to rejuvenate its faltering stock market may not be enough
Investors seem to be giving up on China’s stock market: Over 40% of investors surveyed at a Goldman Sachs conference…
Meta is dishing out dividends
The announcement pushed up the Facebook parent company’s shares >14%
Saudi Aramco could float more shares on Tadawul
The oil giant is reportedly targeting at least SAR 40 bn in proceeds
Emirates NBD to lend Sidara an AED 183.65 mn sustainability-linked loan
Emirates NBD will extend an AED 183.65 mn sustainability-linked loan (SLL) to infrastructure firm Sidara (formerly Dar Group), according to…
Economy to expand 5.7% in 2024 -FinMin undersecretary
Al Khouri expects non-oil GDP to grow 4.7% y-o-y during the year
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