![Dr B.R. Shetty, Founder and Co-Chairman of Finablr, at the London Stock Exchange[2] copy](https://gulfbusiness.com/wp-content/uploads/2019/08/Dr-B.R.-Shetty-Founder-and-Co-Chairman-of-Finablr-at-the-London-Stock-Exchange2-copy.jpg)
London-listed NMC called the Muddy Waters report “principally unfounded”
Kuwait’s stock exchange is aiming to transform the market
The MSCI inclusion is expected to lead to inflows by passive investors of about $3.8bn
Mubadala was the lead investor in Glovo’s 150m euro ($167m) funding round
The company’s shares lost about a third of their value on Tuesday after the Muddy Waters report
The acquisition will make DIB one of the largest Islamic banks in the world
Shares of NMC Health fell 32 per cent Tuesday in London, wiping out about 1.8bn pounds ($2.4bn) in market value
The study also found that 29 per cent believe that their employer isn’t transparent about how pay rises and pay levels are set
Differences over valuation potentially contributed to the collapse of the talks
MSCI will add Aramco to its benchmarks using the closing price of December 17
The Fitch report highlighted that the central bank’s gross foreign currency reserves are expected to decline to $28bn at the end of 2019, down $4bn in the year
With a blockbuster start, will recent damp M&A activity call for a quiet end?
Aramco’s capitalisation jumped from $1.71 trillion to $1.88 trillion at the end of the first trading session on Wednesday
Total will purchase Marathon’s stake in the Waha concessions for $450m, and has committed to invest an additional $650m to boost capacity by 180,000 barrels a day
Banque du Caire and payments firm e-Finance are gearing up for potential IPOs
Pre-budget figures announced in October see economic growth increasing to 2.3 per cent from 0.9 per cent in 2019
The ease will help lenders to potentially avoid adding more non-performing loans to their books
The bank added that it believes that private cryptocurrencies pose potential risks related to price volatility, money laundering and terrorist financing
It could become the second state-backed oil producer in the GCC to be listed after Saudi Aramco’s IPO this month
The company has been reducing its shareholding in recent years to re-allocate capital in alternate investments
The nation looks to boost private sector growth in the next phase of its economic revival program
Three top banks in Lebanon were downgraded last month below the sovereign by S&P Global Ratings
The IPO of 50 per cent of the bourse to local citizens follows a 44 per cent sale earlier this year to a consortium of investors
This cooperation is Dubai Financial Services Authority’s eighth fintech agreement
As mergers and acquisitions in the Middle East continue to rise, how can companies care for the employee experience to ensure success?
The digital bank is to be introduced across the MENA region
Subscription reached SAR32.6bn ($8.7bn) with 3.7 million people signing up
The emirate is seeking to make the investment through one or more state-linked entities, according to sources
The UAE will levy a 50 per cent on sugary drinks from January 1, 2020
The UAE and Saudi’s insurance sectors are anticipated to grow by 4.2 per cent and 5 per cent between 2019 and 2024, respectively