markets
Is Chinese E-commerce Giant Set To Eclipse Saudi Aramco's Record IPO?
Middle East Business News - Published date: .
Financial arm of Chinese e-commerce titan Alibaba is planning the biggest IPO in history, raising as much as $35bn in a ... Read more
UAE Asset Manager To Start ETF Trading In Dubai And Abu Dhabi
Middle East Business News - Published date: .
The ETF will have two different share classes that will track a Shariah-compliant index compiled from stocks listed on t... Read more
Commodities Set To 'fizzle' Amid Coronavirus Threat, Says Mubadala Exec
Middle East Business News - Published date: .
Mubadala deputy CEO Waleed Al Mokarrab Al Muhairi says coronavirus makes it harder for investors to decide where to put ... Read more
Abu Dhabi Said To Invest Up To $1.5bn In Saudi Aramco IPO
Middle East Business News - Published date: .
Sources say the emirate is seeking to make the investment through one or more state-linked entities Read more
Why Saudi Aramco's IPO Is No Ordinary Share Sale
Middle East Business News - Published date: .
Key questions answered on Saudi oil giant's IPO ahead of its launch next month Read more
Is $1.7trn A Fair Valuation Of Saudi Aramco?
Middle East Business News - Published date: .
Some money managers believe the energy giant is worth less than the valuation target of Saudi Arabia's Crown Prince Moha... Read more
Aramco Said To Tap Saudi Billionaires For Major IPO Orders
Middle East Business News - Published date: .
Olayan family and Prince Alwaleed Bin Talal among big names reportedly negotiating deals to buy stock in Aramco Read more
Saudi Aramco's Lavish Dividends Seen Stretching Finances In Oil Slump
Middle East Business News - Published date: .
To lure investors, Aramco has promised a bumper dividend payment of at least $75bn a year Read more
Aldar Unit Lists $500m Sukuk On Abu Dhabi Stock Market
Middle East Business News - Published date: .
Aldar Investment Properties says sukuk issuance was six times oversubscribed Read more
$1.4trn: How Far Apart Banks Are On Aramco IPO Valuation
Middle East Business News - Published date: .
Among 16 banks that offered an Aramco valuation, the range in estimates ran from $1.1trn at the bottom right up to $2.5t... Read more
Some Saudis Mull Selling Homes To Invest In Aramco IPO
Middle East Business News - Published date: .
From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks Read more
UAE To Sell Federal Bonds For The First Time In 2020, Senior Official Says
Middle East Business News - Published date: .
In 2018, the UAE issued a law which allows the country's federal government to begin issuing sovereign debt Read more
Saudi Crown Prince Seen Green Lighting Aramco IPO On Sunday
Middle East Business News - Published date: .
Source says Mohammed bin Salman is set to give the long-awaited Aramco IPO the go-ahead Read more
Saudi Arabia Said To Mull Increase In Lending For Aramco IPO
Middle East Business News - Published date: .
Sources say Saudi Arabian Monetary Authority met banks this week to discuss how much they can lend to domestic stock buy... Read more
Date Set For Emirates NBD Rights Issue On Dubai's DFM
Middle East Business News - Published date: .
Dubai Financial Market says rights issue of the emirate's largest bank is due to be traded between November 3-14 Read more
Abu Dhabi-backed Virgin Galactic Jumps In NYSE Debut
Middle East Business News - Published date: .
The deal gives Virgin Galactic a market value of about $2.4 billion, the company said Read more
Sharjah Lists $750m Sukuk On Nasdaq Dubai
Middle East Business News - Published date: .
Announcement of second sukuk listing this year on Nasdaq Dubai by the emirate, following a $1bn listing in April Read more
World's Largest Bank Lists $1bn Bonds On Nasdaq Dubai
Middle East Business News - Published date: .
Dubai bourse welcomes listing of two $500m bonds by Commercial Bank of China Read more
Global Sukuk Issuance Falls Slightly To $30.6bn
Middle East Business News - Published date: .
Fitch says GCC issuers have continued to access the sukuk market to diversify their funding mix and develop the Islamic ... Read more
Selling Aramco: The Wall Street A-listers On The Oil Giant's IPO
Middle East Business News - Published date: .
The Saudi government is set to give the official green light for the IPO at a meeting on Thursday, aiming to raise about... Read more