MarketsThe Dubai Financial Market profit in H1 drops 21% to Dh65.1 mnInternational Finance DeskJuly 22, 2019December 12, 2019 by International Finance DeskJuly 22, 2019December 12, 2019 Its expenses stood at Dh98.4 million compared to Dh99.6 million during the first half of last year... Read more
MarketsLSE reclassifies oil and gas firms under non-renewable energy categoryInternational Finance DeskJuly 4, 2019December 12, 2019 by International Finance DeskJuly 4, 2019December 12, 2019 Companies producing alternative fuels such as solar, wind, and biofuels have been grouped under renewable energy... Read more
MarketsSaudi’s Nayifat reschedules IPO approved by CMA and TadawulInternational Finance DeskJune 27, 2019 by International Finance DeskJune 27, 2019 The proceeds from the IPO, when it happens, will be used to improve the company's financing portfolio... Read more
MarketsMSCI upgrade could bring in $2.8 bn to Kuwait’s equity marketInternational Finance DeskJune 26, 2019 by International Finance DeskJune 26, 2019 IPO of the Kuwait stock exchange could happen by early 2020; two or three other IPOs are also expected in 12 months... Read more
MarketsUS China trade war makes Chinese stocks value buysInternational Finance DeskMay 27, 2019November 14, 2019 by International Finance DeskMay 27, 2019November 14, 2019 With the dips in the market, investors can buy stocks on the Shanghai Index with long term value cheaply... Read more
MarketsMTN Nigeria listing: Victor Odili, Pascal Dozie top individual shareholdersInternational Finance DeskMay 21, 2019 by International Finance DeskMay 21, 2019 MTN Nigeria has now a market valuation of $6 BN and is the second most valuable NSE listed company... Read more
In the NewsMarketsLuckin raises $561 mn in US IPO: biggest float by Chinese firm this yearInternational Finance DeskMay 17, 2019 by International Finance DeskMay 17, 2019 Luckin Coffee intensifying rivalry with Starbucks; plans to open 4500 stores in China by the end of this year... Read more
MarketsRobust IPO pipeline in Asia Pacific despite US-China trade warInternational Finance DeskMay 9, 2019 by International Finance DeskMay 9, 2019 Hong Kong, Shenzhen, Singapore, and Shanghai bourses are poised to become the biggest rivals to NYSE and LSE... Read more
EconomyMarketsChina’s BRI expected to drive bull run in Malaysia’s stock marketInternational Finance DeskApril 30, 2019November 13, 2019 by International Finance DeskApril 30, 2019November 13, 2019 Massive Belt and Road projects to attract foreign funds to Malaysia equities... Read more
MarketsChinese construction companies in Uganda make gross revenues of $8.7 bn in 20 yearsInternational Finance DeskApril 23, 2019November 13, 2019 by International Finance DeskApril 23, 2019November 13, 2019 China’s aid for contracts strategy in Africa sees construction revenues surge to $2 bn in 2017... Read more