Markets Oil drives rise in Gulf stock markets Major Gulf bourses closed higher on Wednesday, with a rise in oil prices driving the Saudi index up more than one per cent, while geopolitical tensions weighed on sentiment in Egypt. Oil prices rose 1.4 per cent on a drop in US oil inventories and concern over tighter supplies from Russia and Libya. Saudi Arabia’s […] April 20, 2022
Dubai school operator Taaleem in preliminary talks for IPO Dubai school operator Taaleem is in preliminary talks with banks for an initial public offering in Dubai, two sources told Reuters, a transaction that would test market appetite for UAE’s education sector. The private education sector in the United Arab Emirates (UAE) is recovering from a slowdown during the peak of the coronavirus pandemic. Schools […] April 8, 2022
