Michael Fahy

Fund-raising remains difficult, but stronger firms are emerging, say participants

Growth up 2.7 per cent at constant prices after recording a 5.2 per cent increase in second quarter

Additional shares are allocated to investors at the initial offer price of 32 riyals per share

Ex-BA boss who oversaw merger with Iberia is to step down at the end of June

Brent crude up 1.3% and gold climbs 1% following retaliatory attacks on US

The purchasing managers' survey showed conditions continued to worsen last month, but the rate of decline slowed from historic lows

The volume of deals in 2019 was up 31 per cent, however, the value of the funds raised fell

The exchange traded more than 23 million contracts in 2019, up from 22.26 million a year earlier

The company remains 'in constructive dialogue' with its lenders about a longer-term debt restructuring

Fincantieri will build combat ships for Saudi Arabia and Saipem's drilling arm will provide onshore rigs for regional clients

Agreement could bring 500,000 barrels per day of crude supply back into the global oil market

Firm says it believes its current share price "is not a fair reflection of the value of the company"

About 10% of the company's audience comes from the Middle East, which houses Ozy's fastest-growing consumer base outside the US

Master developer says heads of terms have been concluded for 150,000 square metres this year, up from 14,000 sq m last year

More than 13,800 deals have completed since the start of September, including the Dh113m sale of Burma Islands on The World Islands