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More signs of investor bullishness on the UAE as Ajman Bank secures over USD 2.7 bn in orders for sukuk
The bank locked in a profit rate of 5.125%, with a credit spread of US Treasuries plus 130 bps
Dubai earnings jump 20.1% in 4Q as GCC growth slows
Abu Dhabi earnings dropped 21.6% in 4Q, on an energy slump
EGX defies regional slump, but the edge may be mechanical
Some 81% of EGX’s investor base is made up of retail investors
Foreign inflows into ADX hit a four-year high in 1Q
Foreigners accounted for 42% of total market activity last quarter
MENA markets suffer sharp losses amid tariff, oil woes
Tadawul took the biggest hit on Aramco plunge
Dubai-based travel and events firm Ambitions Enterprise is taking a 5% stake to Nasdaq
The tour operator plans to issue and float 1.5 mn new Class A shares priced between USD 4-5 apiece
Alpha Data’s share price rallied on its first day of trading
This was Abu Dhabi’s first IPO of the year
Arabian Construction weighs IPO as real estate boom continues
The company is inviting advisors to work on the share sale
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