Articles
US was the world’s top FDI recipient in 2021, IMF says
Offshore financial centres still account for a disproportionately high share of global FDI
UAE's non-oil business conditions continue to improve
Overall upturn in new business was still robust in November despite global economic uncertainty
Oil drops to below $80 for first time since January on recession fears
US Energy Information Administration expects global oil inventories to fall by 200,000 barrels per day in the first half of 2023
Lebanon's business conditions hit seven-month low
A decrease in new orders drove the decline in the headline reading of the purchasing managers' index
Saudi non-oil business conditions at more than seven-year high
The Arab world's largest economy continues to improve on strong output and new orders, which accelerated at their fastest pace in 14 months
Luberef IPO could raise as much as $1.32bn
Company's offering includes a 29.7% stake sale and listing on the Tadawul exchange
Lebanon's inflation rate increased 186.4% in first 10 months of 2022
The country's Consumer Price Index in October surged 158.5%, with the cost of healthcare jumping nearly fourfold
Americana IPO: restaurant group raises $1.8bn from oversubscribed offering
The largest out-of-home dining operator in 12 countries across the Mena region and Kazakhstan drew $105bn of interest from investors
How much are Saudi PIF's stakes in Meta and Alphabet worth after Q3 increase?
The Public Investment Fund snapped up positions in Linde, the world's largest industrial gas group, and blank cheque company Compute Health
UAE economy to grow more than 6% in 2022, IMF says
Washington-based lender expects the country's non-oil economy to expand by about 4% in 2023 and to accelerate on continuing reforms
Bob Iger returns to Disney as CEO, replacing Bob Chapek
The former executive chairman will head the company for the next two years
Dar Al Arkan partners with Trump to build resort and golf course in Oman
The Trump Resort is part of the Aida development that the Saudi property company is building with the Oman Tourism Development Company
Moody's changes outlook on Jordan's rating to positive from stable
Kingdom's Economic Modernisation Vision and Public Sector Modernisation Roadmap to boost growth to around 5.7% by 2033, create one million jobs and attract $56bn in foreign investment
Americana IPO: UAE retail offering doubled due to strong demand
Institutional investors tranche is reduced to 80% from 85% of the total offering
Dubai school operator Taaleem raises $204m from oversubscribed IPO
Company will start trading on the Dubai Financial Market on November 29 with a market value of $817m
