Morgan Stanley expects oil demand to grow at 1.5 million bpd this year which is slightly above the historical trend growth
A total of 102 asset managers, comprising investment firms and hedge funds, who manage 141 funds have set up shop in Abu Dhabi
Birkenstock is the fourth major company to launch a US IPO in the last four weeks
Wellington has been managing assets for clients in the Middle East and North Africa for 29 years and decided to expand into the region to support local needs
Saudi Arabia’s Vision 2030 programme to transform the kingdom is a key support to the Saudi stock market
Smartwatches are still outselling the Swiss watch market by a wide margin, with Apple selling more during one quarter than the Swiss industry does in a year
Wall Street sees more weakness ahead for the lira, with Morgan Stanley warning that it may reach 26 per dollar sooner than earlier expected and slide toward to 28 by the end of the year
Demand for Dubai real estate is booming after the government’s handling of the pandemic and its liberal visa policies attracted more foreign buyers
Americana and Luberef IPOs take the proceeds of Gulf listings this year to over $20bn
All major groups in the S&P 500 retreated with losses in megacaps like Tesla and Apple weighing heavily on trading
The bank raised its third quarter estimate to $130 a barrel
SABIC hasn’t decided on a venue for the sale
Froehlich spent 16 years working at Morgan Stanley in Europe and the Middle East
Little more than $1 trillion of deals have been announced this year, making for the slowest first half since 2012