Monday 23 December 2024
 
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Mideast IPO value surges 55pc to top $2bn in 2017

IPO values surged to $2.1 billion in 2017 from $676 million in the previous year, surging 55 per cent, while volumes also increased by 40 per cent, from four IPOs in 2016 to 12 in the current year, said global law firm Baker McKenzie.

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Mena M&A activity declines 13pc in Q3

Announced merger and acquisition (M&A) activity in the Mena region decreased by 13 per cent from 104 deals in the third quarter (Q3) of 2014 to 91 deals in Q3 2015, a report said. Deal value also declined from $8.5 billion in

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StanChart signs RMB deals with 5 banks

Standard Chartered has signed Renminbi (RMB) cross border trade settlement account agreements with five Mena based banks. The move will allow these banks to open RMB accounts in China and facilitate trade activities between these banks and

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