Companies based in the Middle East and North Africa raised close to $15 billion in 2007 through initial public offerings (IPO), according to statistics from Zawya Investor. This equals almost …
Category:
Banking & Finance
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The Middle East is a well-established routine milk run for international managers of funds and sophisticated financial vehicles. Investable wealth and a regional community of high net worth individuals made …
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Regional stock market indices Regional currency rates United Arab Emirates buys French nuclear reactors The United Arab Emirates will be signing agreements with French companies Areva, Total and Suez to …
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Regional stock market indices Regional currency rates Emirates Aluminum Company to Build World Largest Smeltery Emirates Aluminum Company (EAC) completed the financing of the world’s largest aluminum semltering factory in …
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Trimary markets in December ended 2007 on a much higher note than many had foreseen for the year when giving their expectations 12 months ago, depicting 2007 as recovery year …
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Top 10 IPOs for the Region in 2007 1. DP World UAE, Transport $2.822 billion, 17% equity offered Lead Manager: Deutsche Bank 2. Development Bank Saudi Arabia, Financial Services $2.807 …
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The next big thing in initial public offerings for the Middle East will sell a slice of the world for give or take $4 billion in November. The slice amounts …
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September’s IPO window was not just open, it was wide open as several new IPO announcements were made and several ongoing IPOs came to a spectacular conclusion with oversubscription rates …
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After putting it on the market earlier this year, the Qatar Investment Authority (QIA) in early August completed the sale of BLC Bank, its Lebanese banking asset to Fransbank who …
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August’s star attraction in the regional primary market was a construction and engineering group from Oman. Galfar Engineering and Contracting started receiving subscriptions for its month-long public offering on August …