Regional stock market indices Regional currency rates Trade Bank of Iraq to issue $10 billon in credit The Trade Bank of Iraq (TBI) aims to issue $10 billion in letters…
Category:
Money Matters
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One can hardly describe the recent pick up in initial public offerings in the Middle East and North Africa region as a recovery. As of July 22, the number of…
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Regional stock market indices Regional currency rates Qatar Airways orders 24 Airbus jets at a cost of $1.9 billion Qatar Airways captured the spotlight during the Paris Air Show by…
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The initial public offering market in June witnessed a continued pickup in activity following an apparent restoration of risk appetite on the part of investors, but IPO announcements were mostly…
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Unprecedented turmoil in global markets at large, and in local markets specifically, over the past few weeks caused several firms to call off public offerings scheduled for the fourth quarter…
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Ithmaar Bank posts 130% in H1-07 net profits Ithmaar Bank, a Bahrain based global investment institution, announced a 130% increase in its H1-07 net profits to $65.09 million up from…
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Global Viewn Our Global Economics team recently issued a major report entitled “Global slowdown, local strength: Sources of demand in 2007” (September 13). The report examines how economies around the…
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Abraaj Capital Purchases10.7% Stake in JNBDubai-based Abraaj Capital purchased 11.8m shares in Jordan National Bank (JNB), the equivalent of 10.7% of total number of shares, for $56m. The deal was…
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SABIC Reports $2.4bn Profits in H1-2006 Riyadh-based Saudi Basic Industries Corporation (SABIC), reported total profits of $2.35bn in the first six months of 2006, down 10.2% year-on-year. SABIC stated that…
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As a follow up to recent articles published in this magazine on fund managers, such as Philippe Jabre and Marc Hochar, and the numerous mentions in these articles of hedge…
