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Arabian Mills for Food Products IPO to fetch up to $271mArabian Mills for Food Products Company, one of the market-leading flour milling companies in Saudi Arabia, announced today the price range for its Initial Public Offering (IPO) as well as the commencement of the institutional book building period for Participating Parties. More… |
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Markaz launches new private credit portfolioKuwait Financial Centre (Markaz) has announced the launch of its private credit portfolio, designed to offer diversified income solutions to its professional and qualified clients. This new portfolio features flexible exit options, providing the investor More… |
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Abu Dhabi exchange's ETF trading for Jan-Aug hits $507mThe Abu Dhabi Securities Exchange (ADX) has recorded significant value and volume of trading in exchange-traded funds (ETFs) since the beginning of this year, thus making it the most active and liquid ETF market in the Middle East and North Africa (Mena) region, reported Wam, citing More… |
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Mastercard event in Dubai sheds light on women’s role in growthMastercard hosted a special Women’s Leadership Network (WLN) event under the theme ‘Ambitions & Inspiration for the Next 50 Years’ at its headquarters in Dubai, to mark Emirati Women’s Day, observed every year on August 28. Bringing together like-minded prof More… |
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100 days to expanded Abu Dhabi Finance WeekThe third edition of Abu Dhabi Finance Week (ADFW), the flagship financial event of the MEASA region hosted by ADGM, has unveiled an expanded plan of 50 events and sub-events. In June ADFW, announced its third edition under the theme ‘Welcome to th More… |
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Emirates NBD introduces Millionaire AccountEmirates NBD, a leading banking group, has launched its new Emirates NBD Millionaire Account, a savings-linked account giving customers the opportunity to win big. The account focusses on promoting savings habits and rewards customers with a total prize More… |
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Listed firms in GCC post Q2 net of $60.7bn: Kamco InvestNet profits reported by companies listed on GCC exchanges grew 8.1% with total net profits up for the second consecutive quarter to reach $60.7 billion during Q2-2024 as compared to $56.2 billion in Q1-2024 and $57.4 billion in Q2-2023. Aggregate net witnessed More… |
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Saudi inflation remains steady at 1.5pc in July: Al RajhiSaudi Arabia’s inflation rate held steady 1.5% in July, according to recent data from the General Authority for Statistics (GASTAT). The consumer price index (CPI) increase was primarily driven by a 9.3% year-on-year (YoY) rise in housing, water, e More… |
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NMDC wins approval for IPO of Energy unitNMDC Group has received approval from the Securities and Commodities Authority and the Abu Dhabi Securities Exchange (ADX) to proceed with an Initial Public Offering (IPO) of a portion of its NMDC Energy shares. The Group, a leader in EPC and marine dredging, More… |
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Qatar's Estithmar Holding successfully issues a $137m sukukEstithmar Holding has announced the successful issuance of a QR500 million ($137 million) sukuk, the first corporate sukuk denominated in Qatari Riyal. This issuance is the inaugural tranche of its QR3.4 billion sukuk programme, which is listed on the Lo More… |
