Middle East
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Deal looks likely to be priced tighter than comparable trade from October
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Demand was strong, but bankers concerned about flotation of Abraj, to be priced on Monday
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“Rumours of the demise of the EM market have been greatly exaggerated”
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The region's IPO market had its slowest start to a year since 2016, markets need to figure out how to get fatigued investors back on track
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Investors show strong demand for first big deal in the region this year while markets enjoy respite from boom
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An abortive plan to take over the UK bank has left advisers red-faced but raises the prospect of a lucrative payday
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Adnoc is spinning off its gas division on the Abu Dhabi Exchange
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Climate finance is growing in the Middle East as region prepares to host COP28 climate summit later this year
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The energy company is about to launch the spin-off of its gas division, with an expanded syndicate
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Other Middle East sovereigns want to follow emirate's lead in asset class
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OQ's oil drilling business Abraj Energy aims for $500m valuation
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Gulf bank offers Kanga buyers something a little different with 10 year deal