Well that was a lot of fuss over nothing. The London Stock Exchange — after nearly a year of deliberation, consultation and some controversy — has finally given the go ahead to create a new “sovereign” listing category for companies controlled by governments.
June 10, 2018
Suddenly, the Arabian Gulf is awash with stimulus packages and strategies to attract foreign investment and foreign expertise to the region, and to make the lives of the expatriates living there more comfortable.
June 07, 2018
A shudder went through some financial professionals in the UAE late on Monday night when Abraaj Group announced it was seeking a “standstill agreement” with creditors.
June 05, 2018
Now that the initial public offering of Saudi Aramco has been officially put back until 2019, the company can give preparations for what could be the biggest IPO in history the detail they deserve.
May 27, 2018
At the iftar gathering held by the Dubai Media Office this week, all the conversation was about the big changes to the UAE’s visa and corporate structure announced a few days before, which were heralded as a “reboot” for the country’s economy and business environment.
May 23, 2018
Dubai has never been backward in coming forward. The emirate has not been afraid to take big, showy measures to achieve economic and social progress, even when it risked offending some local sensibilities.
May 21, 2018
When the mighty Economist devotes a four-page special briefing and its top opinion leader to one subject, you have to sit up and take notice. The movers and shakers who read the influential magazine demand the best analysis.
May 16, 2018
On first look, it seems like an incredible piece of bad timing, or bad luck, or both.
Just as Saudi Arabia is getting ready to celebrate its new-found status as an emerging market (EM), the financial world seemed to suddenly decide it didn’t like the EM thing after all.
May 08, 2018