China’s SDIC Power hires three banks as it prepares for $1 bn London IPO
SDIC Power is seeking to raise between $500 million and $1 billion with the sale of Global Depositary Receipts on LSE...
Category : Markets
The Dubai Financial Market profit in H1 drops 21% to Dh65.1 mn
Its expenses stood at Dh98.4 million compared to Dh99.6 million during the first half of last year...
LSE reclassifies oil and gas firms under non-renewable energy category
Companies producing alternative fuels such as solar, wind, and biofuels have been grouped under renewable energy...
Saudi’s Nayifat reschedules IPO approved by CMA and Tadawul
The proceeds from the IPO, when it happens, will be used to improve the company's financing portfolio...
MSCI upgrade could bring in $2.8 bn to Kuwait’s equity market
IPO of the Kuwait stock exchange could happen by early 2020; two or three other IPOs are also expected in 12 months...
US China trade war makes Chinese stocks value buys
With the dips in the market, investors can buy stocks on the Shanghai Index with long term value cheaply...
MTN Nigeria listing: Victor Odili, Pascal Dozie top individual shareholders
MTN Nigeria has now a market valuation of $6 BN and is the second most valuable NSE listed company...
Luckin raises $561 mn in US IPO: biggest float by Chinese firm this year
Luckin Coffee intensifying rivalry with Starbucks; plans to open 4500 stores in China by the end of this year...
Robust IPO pipeline in Asia Pacific despite US-China trade war
Hong Kong, Shenzhen, Singapore, and Shanghai bourses are poised to become the biggest rivals to NYSE and LSE...
China’s BRI expected to drive bull run in Malaysia’s stock market
Massive Belt and Road projects to attract foreign funds to Malaysia equities...