MarketsMSCI Kuwait upgrade to boost ETFs and equitiesInternational Finance DeskDecember 20, 2019January 24, 2020 by International Finance DeskDecember 20, 2019January 24, 2020 The move is expected to generate billions of dollars of inflows into the Kuwait market... Read more
MarketsKasikorn Securities to strengthen equity research platformInternational Finance DeskDecember 16, 2019 by International Finance DeskDecember 16, 2019 The Thai firm is committed to meet international standards and ensure top-class customer service... Read more
MarketsAlibaba to raise around $12.9 bn in Hong KongPritam BordoloiNovember 20, 2019January 24, 2020 by Pritam BordoloiNovember 20, 2019January 24, 2020 Alibaba will issue 500 million shares and will price them at a 2.8% discount to their last closing price in New York... Read more
MarketsLSE shareholders sceptical of Hong Kong £32 bn bidInternational Finance DeskSeptember 12, 2019November 4, 2019 by International Finance DeskSeptember 12, 2019November 4, 2019 Investors have shown their concern regarding the regulatory and financial hurdles involving the deal... Read more
MarketsPortfolio investments lead foreign inflows into Saudi ArabiaInternational Finance DeskAugust 30, 2019December 12, 2019 by International Finance DeskAugust 30, 2019December 12, 2019 Despite weaker performance from its banking and energy, investors show interest in Saudi Arabia... Read more
MarketsChina’s SDIC Power hires three banks as it prepares for $1 bn London IPOInternational Finance DeskJuly 25, 2019December 12, 2019 by International Finance DeskJuly 25, 2019December 12, 2019 SDIC Power is seeking to raise between $500 million and $1 billion with the sale of Global Depositary Receipts on LSE... Read more
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