Featured JPMorgan lowers emerging market default forecast Aya Anwar Jul 8, 2024 0 JPMorgan revised its forecast for emerging market (EM) corporate defaults on Monday, citing the most significant…
Energy Aramco keeps OSPs for LPG unchanged in July Aya Anwar Jul 1, 2024 0 Saudi Arabia's state oil producer Aramco kept official selling prices (OSPs) for liquefied petroleum gas (LPG)…
Money UBS expands ME wealth management team with 10 hires Aya El Sayed Jun 25, 2024 0 UBS announced on Tuesday the strengthening of its wealth management team in the Middle East with the addition of 10…
Featured Nvidia partners w/ Qatar’s Ooredoo for AI Middle East expansion Aya Anwar Jun 23, 2024 0 Nvidia has signed a deal to deploy its AI technology at data centers owned by Qatari telecoms group Ooredoo in five…
The Watch Oil rises slightly on Monday Aya Anwar Jun 10, 2024 0 Oil rose slightly after a weekly decline, reflecting market adjustment to OPEC+'s decision to increase supply,…
Energy Aramco launches $10b offering Aya Anwar May 30, 2024 0 Saudi Arabia is set to launch a secondary offering of Aramco shares, aiming to raise over $10 billion, potentially…
Featured S. Arabia raises $5b in sukuk Aya Anwar May 29, 2024 0 Saudi Arabia has successfully raised $5 billion through the issuance of dollar-denominated sukuk, aiming to address…
Egypt News Haier Egypt gears up for 2nd phase launch on June Nada Ali May 26, 2024 0 Haier Egypt, a manufacturer of home appliances, will launch the second phase of its industrial complex on June to…
Featured BofA expands European equity markets Aya Anwar May 21, 2024 0 Bank of America Corp. (BofA) is expanding its foothold in Europe's equity capital markets, focusing on deals of all…
Money US Carlyle raises $2.8b in its largest Japan-focused buyout fund Nada Ali May 21, 2024 0 US private equity giant Carlyle Group is bulking up its Japan presence with a new record-breaking fund of 430…