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THIS MORNING: GCC-US summit in Saudi Arabia next week? + Fed kicks off interest rate meeting today
Plus: Wall Street analysts slash Brent crude forecast following Opec’s decision to hike supply
Dubai earnings jump 20.1% in 4Q as GCC growth slows
Abu Dhabi earnings dropped 21.6% in 4Q, on an energy slump
MENA markets suffer sharp losses amid tariff, oil woes
Tadawul took the biggest hit on Aramco plunge
Saudi IPOs beat regional peers in terms of post-IPO performance last year
Newly listed Saudi stocks saw 37% post-listing gains, as opposed to the UAE’s 17%
Mashreq, EasyLease, Apex Investments, and more report 2024 earnings
Mashreq saw its net income reach AED 9 bn in 2024
THIS MORNING: DFM rises to 10-year high + Dubai to introduce real estate tokenization
PLUS: Retail district cooling providers must license with Abu Dhabi DoE by 31 Jan
The rise and fall of UAE stocks + the rush of law firms to the region
The DFM saw Emaar and Emirates NBD reach record highs on Friday
Talabat ups the size of its IPO to become the UAE’s biggest this year
The company saw strong demand from anchor investors
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