Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55339609
Caption:

Kuwaiti traders follow the market’s movement at the Stock Exchange in Kuwait City on December 18, 2014.
(AFP Photo/Yasser Al-Zayyat)

More, larger IPOs expected in Middle East during 2015: Ernst Young

by Fatah Al-Rahman Youssef | Jan 20, 2015 | Business

Riyadh, Asharq Al-Awsat—IPO activity in the Middle East is expected to increase considerably during 2015, a report by global professional services firm Ernst Young concluded, as the region recorded its most successful year for stock market debuts since before the...

Media ID: 55330661
Caption:

Al Aan television news anchor Hassinah Ochan is seen on a screen as she presents the morning news at the new Arab television channel in its Dubai studio June 12, 2007. (Reuters/Ahmed Jadallah)

Kuwait’s KIPCO to start IPO process for pay-TV unit OSN

by Asharq Al-Awsat | Mar 31, 2014 | Business

Kuwait, Reuters—Kuwait Projects Company (KIPCO), the Gulf state’s largest listed investment company, plans to start the process for an initial public offering (IPO) of shares for its pay-television unit, Orbit Showtime Network (OSN), within weeks, it said on...

Media ID: 55325207
Caption:

Hyundai Heavy Industries will build the first phase of the project, which comprises a 1,500 megawatt natural gas-fired power plant and seawater desalination plant (AFP).

Kuwait: $1.4 bn in financing for major power project

by Asharq Al-Awsat | Dec 15, 2013 | Business

Kuwait City, Reuters—Kuwait is set to secure 1.43 billion US dollars in financing from a consortium of banks for a power and desalination plant, one of the major projects in the Gulf Arab state’s development plan, National Bank of Kuwait (NBK) said. The Az-Zour...

Twitter unseals IPO papers, hopes to raise USD 1 bn

by Asharq Al-Awsat | Oct 4, 2013 | Media

New York,AP—Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion in one of the year’s most eagerly awaited stock market debuts. The documents revealed for the first time how much money...

Media ID: 55301536
Caption:

Traders at the Qatar Stock Exchange. (Reuters)

Qatar postpones planned float of USD 12 billion investment firm

by Asharq Al-Awsat | May 12, 2013 | Business

Dubai, Reuters—A planned floatation of Doha Global Investment Co, a USD 12 billion (GBP 7.8 billion) Qatari investment firm backed by assets from the Gulf state’s sovereign wealth fund, has been postponed pending necessary approvals, a senior bourse official...